Online Services That Use Algorithms to Automatically Perform Investment Tasks

question 56

True/False

Online services that use algorithms to automatically perform investment tasks previously done by human financial advisors are referred to as "financial advisor-bots".

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Definitions:

Control Group

In experiments, it refers to the group of participants who do not receive the experimental treatment or intervention, serving as a benchmark to measure how the other tested subjects do.

The Experiment

A research method in psychology and the sciences used to determine cause-effect relationships by manipulating variables under controlled conditions.

Level Of Anxiety

The degree or intensity of worry, unease, or nervousness typically about an imminent event or something with an uncertain outcome.

Tendency

An inclination towards a particular characteristic, behavior, or way of doing something.