Introductory Psychology CLEP Prep Practice Exam

What is the danger of hindsight bias?

1. That we assume our current understanding of a situation is correct

2. That we view events in hindsight and grasp them with more clarity

3. That we make decisions too quickly, without considering relevant facts

4. That we make assumptions about how events will turn out before they occur

The correct answer is: That we assume our current understanding of a situation is correct

Hindsight bias is the tendency to look back at past events and falsely believe that our current understanding of those events was easily predictable or known. This leads to an overconfidence in our ability to make decisions and can prevent us from critically examining our actions. Option B is incorrect because it does not touch upon the danger of hindsight bias, but rather just describes the act of reflecting on past events. Option C is incorrect because it discusses a different danger of making quick decisions. Option D is incorrect because it also does not mention the danger of hindsight bias, but rather the danger of making assumptions about future events.