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" Nearly eighty years of research on answer changing shows that most answer changes are from wrong to right, and that most people who change their answers usually improve their test scores. One comprehensive review examined thirty-three studies of answer changing; in not one were test takers hurt, on average, by changing their answers. And yet, even after students are told of these results, they still tend to stick with their first answers. Investors, by the way, show the same tendencies when it comes to stocks. Even after learning that their reason for picking a stock might be wrong, they still tended to stick with their initial choice 70 percent of the time. "

Joseph T. Hallinan , Why We Make Mistakes: How We Look Without Seeing, Forget Things in Seconds, and Are All Pretty Sure We Are Way Above Average


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Joseph T. Hallinan quote : Nearly eighty years of research on answer changing shows that most answer changes are from wrong to right, and that most people who change their answers usually improve their test scores. One comprehensive review examined thirty-three studies of answer changing; in not one were test takers hurt, on average, by changing their answers. And yet, even after students are told of these results, they still tend to stick with their first answers. Investors, by the way, show the same tendencies when it comes to stocks. Even after learning that their reason for picking a stock might be wrong, they still tended to stick with their initial choice 70 percent of the time.