Module 4 discusses common errors in thinking, such as hindsight bias, overconfidence, and the tendency to perceive order in random events. Describe hindsight bias and overconfidence, and provide examples of each.

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Answer 1

Answer: See explanation

Explanation:

Hindsight bias refers to a psychological phenomenon whereby an individual is convinced that he or she predicted an event accurately before it occurred. This eventually leads to overconfidence in the ability of the person to forecast other future events. An example is when one attends a football game and insist that he or she knew that a certain team will win beforehand.

Overconfidence bias is when a person has more confidence than what one should objectively have with regards to the precision of the forecast and the degree of certainty that the prediction will be correct. An example is someone who believes that he has a great sense of direction that's better than it actually is and such person goes on a long journey without a map due to his overconfidence.


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at some to deposit he was money the...

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I don’t understand the question.

As a means to curtail the use of presidential power, "congressional oversight"
serves as a check of executive authorization and
appropriation.

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The correct answer to this open question is the following.

Unfortunately, there is no question here. It is just a statement.

What is your question? What do you want to know?

If this is a true or false question, then the correct answer would be "true."

It is true that as a means to curtail the use of presidential power, "congressional oversight" serves as a check of executive authorization and appropriation.

As part of its faculties, the United States Congress uses this oversight power when Congress has to establish relationships or negotiations with the President of the United States.

US Congress has to guarantee that laws are established are were discussed by the members of the House of Representatives and the Senate.

Let's have in mind that under the system of checks and balances, none of the three federal government branches -the Legislative, the judicial, and the executive branch- has more power over the other two.

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