1. When applying for jobs, job seekers often focus on a desired salary while ignoring other aspects of the job offer such as benefits, fit with the job, and working environment. In many cases, the salary may be good, but there are other, negative features of the job not being considered. This is an example of
A. anchoring bias
B. representative bias
C. framing bias
D. overconfidence bias
E. hindsight bias
2. Lottery organizers heavily promote the jackpot winners so that people are continually hearing about those who’ve won big. By contrast, players hear almost nothing about the vast majority of people who haven’t won a single dollar. This tactic draws upon which type of bias?
A. availability bias
B. overconfidence bias
C. confirmation bias
D. representative bias
E. framing bias
3. _______ bias occurs when someone uses information from the outcome of a decision, often a negative outcome, and retrospectively realizes what they should have done.
A. hindsight
B. framing
C. escalation of commitment
D. availability
E. representative
4. The representative bias promotes the use of stereotypes.
True or False