Western Governors University (WGU) BUS2770 D467 Exploring Data Practice Exam

The tendency to search for or interpret information in a way that reinforces pre-existing beliefs is called confirmation bias. It shows up when you preferentially seek out evidence that supports what you already think, pay more attention to it, and interpret ambiguous data in a way that fits your views, while discounting or ignoring information that contradicts them. This bias helps reduce cognitive dissonance and makes beliefs feel more justified, but it can lead to stubborn opinions and poor decisions because you’re not evaluating information objectively.

Hindsight bias is about believing events were predictable after they’ve happened, not about how you seek or interpret new information. Anchoring is about sticking to an initial reference point when making judgments. Selection bias arises from flaws in how a sample is chosen, which skews results.