Question: Confirmation bias is defined as Blank _ _ _ _ _ _ . Multiple choice question. the tendency to interpret new information in a way

Confirmation bias is defined as Blank______.
Multiple choice question.
the tendency to interpret new information in a way that conforms or supports one's prior beliefs
the tendency for investors to perceive patterns that may be illusory and conclude that these patterns are likely to persist
overestimating the precision of an investor's beliefs or forecasts
the tendency of investors to be too slow in updating their beliefs in response to new evidence

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