Researchers (Knox & Inkster,1968)visited a Race Track and Interviewed People

Multiple Choice

Researchers (Knox & Inkster,1968) visited a race track and interviewed people betting on the horses,both before and after they had placed their bets.They found that ____ were more confident in their betting decisions because ____.

A) people who had already placed their bets; their bets changed the odds
B) people who had already placed their bets; they couldn't change their minds
C) people who had placed small,two-dollar bets; they stood to lose less
D) people who were waiting to place large bets; they reported more experience