Unit 1 - Module 2: The Need for Psychological Science

Question	Answer
Unit One - Module 2 The Need for Psychological Science Image: Scientific+Foundations+Of+Psychology+Banner2 (binary/octet-stream)	The Need for Psychological Science
hindsight bias	The tendency to believe, after learning an outcome, that one would have foreseen it (The "I knew it all along" phenomenon).
overconfidence bias	The tendency to hold a false and misleading assessment of our skills, intellect, or talent. In short, it’s an egotistical belief that we’re better than we actually are.
gambler's fallacy (perceiving order in random events)	People perceive patterns to make sense of their world. Even in random, unrelated data people often find order, because random sequences often do not look random. People trust their intuition more than they should because intuitive thinking is flawed.

Resource summary

	Created by Greg MacPherson over 3 years ago