Critical Thinking D265 WGU Study Questions with 100% Correct Answers

Confirmation Bias a tendency to search for information that supports our preconceptions and to ignore or distort contradictory evidence How to Identify Sources of bias Incomplete information intentional deception influence from past personal experience intentional persuasion to strengthen a position common types of cognitive biases - Bandwagon - Anchoring - The Dunning-Kruger Effect - The Sunk Cost Fallacy Bias - Optimism and Pessimism Bias - The Framing Effect Bias - Confirmation Bias - Reactance - Self-Serving Bias - Hindsight Bias [ Bandwagon effect Believing or even performing an action based on the fact that the people around you are also doing or believing the same thing. Anchoring Focusing a little too much on the first bit of information you are given when making a decision. Dunning-Kruger Effect Involves the overestimation and underestimation of one's abilities. sunk cost fallacy (bias) Involves the refusal to abandon a thought or investment that is not rewarding or possibly even damaging simply because we have invested a lot of time, thought, energy, effort, or even money into it. Optimism and Pessimism Bias The tendency to overestimate how likely a positive outcome will occur, especially if we're in a good mood. We also have the tendency to overestimate the negative outcome of an event if we are not happy or in a bad mood.