Questions: An employee tries a new strategy to market a product. It worked well! The employer hears the news. Then, the supervisor says, "Not surprising. I knew that such a strategy would work!" What bias is the boss showing? Choose the best answer. Availability heuristic Hindsight Bias Representative heuristic Confirmation bias

An employee tries a new strategy to market a product. It worked well! The employer hears the news. Then, the supervisor says, "Not surprising. I knew that such a strategy would work!" What bias is the boss showing? Choose the best answer. Availability heuristic Hindsight Bias Representative heuristic Confirmation bias
Transcript text: An employee tries a new strategy to market a product. It worked well! The employer hears the news. Then, the supervisor says, "Not surprising. I knew that such a strategy would work!" What bias is the boss showing? Choose the best answer. Availability heuristic Hindsight Bias Representative heuristic Confirmation bias
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Solution

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The answer is B: Hindsight Bias.

Explanation for each option:

  • Availability heuristic: This is a mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision. It is not applicable here because the supervisor's statement is not based on the ease of recalling similar past events.

  • Hindsight Bias: This bias occurs when people perceive events as having been more predictable after they have already happened. The supervisor's statement, "Not surprising. I knew that such a strategy would work!" reflects hindsight bias because the success of the strategy seems obvious to them only after it has been proven successful.

  • Representative heuristic: This involves judging the probability of an event by comparing it to an existing prototype in our minds. It is not relevant in this context because the supervisor is not comparing the strategy to a prototype or stereotype.

  • Confirmation bias: This is the tendency to search for, interpret, and remember information in a way that confirms one's preconceptions. While the supervisor might be confirming their belief in the strategy, the statement specifically reflects hindsight bias because it suggests the outcome was predictable only after it occurred.

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