When Participants Were First Placed in a Dark Room Alone

question 106

Multiple Choice

When participants were first placed in a dark room alone and asked to estimate the apparent movement of a point of light,individuals were consistent in their own estimates,and these estimates differed greatly from participant to participant.When participants made the same estimates in a group setting,their estimates converged.According to Muzafer Sherif (1936) ,why did this happen?

• A)Conformity occurs when people feel anonymous in a group.
• B)Conformity occurs when people can use anonymity to control others.
• C)Conformity occurs when people feel uncomfortable and insecure.
• D)Conformity occurs when people are in an unambiguous situation.
• E)Conformity occurs when people can use others' behaviours as cues for what's right.

---

Definitions:

Traditional IRA

A Traditional IRA is a type of retirement account that allows individuals to direct pre-tax income toward investments that can grow tax-deferred until withdrawals begin at retirement age.

Deferred Annuity

A financial product that offers a stream of payments to the holder, typically starting at a future date, after an initial investment period.

Active Portfolio

In the context of the Treynor-Black model, the portfolio formed by mixing analyzed stocks of perceived nonzero alpha values. This portfolio is ultimately mixed with the passive market-index portfolio.

Nonsystematic Variance

The portion of an investment's variance that is attributable to the investment's specific factors, as opposed to the overall market movement.