Respuesta :
If a friend is from a poverty-stricken background, you attribute his spending patterns to his earlier deprivation. You are likely to do this because of the Hindsight bias.
What is Hindsight Bias?
- The propensity for people to believe that past events were more predictable than they actually were is known as hindsight bias, commonly referred to as the knew-it-all-along phenomena or creeping determinism.
- People frequently think that if they could forecast or even know with a high degree of confidence what would have happened before an event, they would have known it before it happened.
- Hindsight bias can skew memories of what was understood or believed prior to an occurrence, and it contributes significantly to an individual's overconfidence in their capacity to anticipate the results of future events.
- In the works of historians reporting the results of conflicts, examples of hindsight bias can be found.
To learn more about Hindsight Bias refer to:
https://brainly.com/question/5225966
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