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:

Experimental Group

In research, the group of participants who are exposed to the independent variable or treatment of interest.

Control Group

In an experiment, the group of participants who are not exposed to the independent variable, used as a comparison to measure the effect of the treatment.

Experimental Group

The group in an experiment that receives the variable being tested, allowing researchers to determine the effect of that variable.

Human Laboratory Studies

Research experiments conducted in controlled environments on human subjects to study behavior, reactions, or biological processes.