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Cognitive Bias Quiz

Authored by LORI MANSHIP

Mathematics

11th Grade

CCSS covered

Used 1+ times

Cognitive Bias Quiz
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Javier is part of an online social media group that encourages investing in trending stocks. Which cognitive bias is he likely experiencing?

Endowment Effect

Confirmation Bias

FOMO (Fear of Missing Out)

Hedonic Adaptation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Suli takes a car out for a test drive and starts to imagine herself as the new owner. She is willing to pay over her budget for the car. Which bias is this an example of?

FOMO (Fear of Missing Out)

Endowment Effect

Hedonic Adaptation

Confirmation Bias

Tags

CCSS.RL.5.6

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Blake is tempted to take out a personal loan to buy concert tickets because they fear missing out. Which cognitive bias does this illustrate?

Hedonic Adaptation

Confirmation Bias

FOMO (Fear of Missing Out)

Endowment Effect

Tags

CCSS.RL.5.6

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Malik frequently makes small purchases online and enjoys the feeling of receiving deliveries, but finds he keeps coming back for more. Which bias does this behavior demonstrate?

Endowment Effect

Hedonic Adaptation

Confirmation Bias

FOMO (Fear of Missing Out)

Tags

CCSS.RL.5.6

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which concept is Daniel demonstrating by deciding not to invest at all after hearing stories of people losing money in the stock market?

Herd Mentality

Loss Aversion

Overconfidence

Sunk Cost Fallacy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The tendency to search for information that supports our preconceptions and to ignore or distort contradictory evidence

Confirmation Bais

Hedonic Adaptation

Endowment Effect

Overconfidence

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The tendency to put more value on things you already own

Endowment Effect

Hedonic Adaptation

Sunk Cost Fallacy

Loss Aversion

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