Quiz on ” The Difference Between Luck And Risk “

1. According to the speakers, why are luck and risk often confused?

a) Because people tend to rely on System 1 thinking.

b) Because the outcomes of decisions are often unpredictable.

c) Because people tend to overestimate the role of luck in success.

2. What is the main suggestion the speakers make regarding decision-making education?

a) That it should focus on teaching critical thinking skills.

b) That it should focus on teaching practical skills for everyday life.

c) That it should include teaching statistics and probability.

3. What is System 2 thinking?

a) Intuitive and automatic decision-making.

b) Deliberative and analytical decision-making.

c) Emotional and reactive decision-making.

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