A student keeps a course she will likely fail because of work already put in. This shows
AOptimism bias
BRecency bias
CConfirmation bias
DSunk-cost fallacy
Answer & Solution
Correct answer: D. Sunk-cost fallacy
Basing a present choice on what was already invested is the sunk-cost fallacy.
Keep practising Decision Making
Browse all Decision Making questions for RRB NTPC, or explore more Reasoning topics.
Related questions
What must be done first in the decision-making process?In problem analysis, a problem is described asWhich is an advantage of decision trees?Conditions along a decision-tree path form aIn a decision tree, decision nodes are typically drawn asHeuristics are procedures that decide withoutOverestimating the chance of good events is calledPeer pressure to conform to the opinions of the group is