Analyze the following assessment of cognitive bias.Recognize the bias, categorize the bias, provide a thoughtful assessment of the bias and discuss...

Analyze the following assessment of cognitive bias. Recognize the bias, categorize the bias, provide a thoughtful assessment of the bias and discuss how you could avoid them (Source: PwC).

• Do you consider yourself an above average driver?
• Have you sat through a movie you did not like?
• Do you use your mobile data after you have reached the data limit?
• Do you pay the minimum or full amount of your credit card bill?
• Did you spend your limited resources on an activity you knew you could not afford? What directed you towards making this decision?
• Discuss your business decision making experiences (or observed decision making ) where your current learning offers important insights into human behavioral biases.