The Tendency to Underestimate the Influence of External Factors and Overestimate

question 70

Multiple Choice

The tendency to underestimate the influence of external factors and overestimate the influence of internal factors when making judgements about the behaviour of others is termed:

• A)consistency.
• B)fundamental attribution error.
• C)self- serving bias.
• D)selective perception.

Understand the concept of need for achievement and its significance in motivation.

Explain the role of stimulus and arousal motives in seeking stimulation and maintaining effort.

Acknowledge the implications of the Yerkes-Dodson Law on performing complex tasks and simple tasks under varying arousal levels.

Understand the function of the hypothalamus in hunger and eating behaviors.

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Definitions:

Average Stock

The average price of a company's stock over a specific period, which can indicate the stock's general trend.

Diversified Portfolio

An investment portfolio that contains a mix of assets (e.g., stocks, bonds, real estate) to reduce risk through diversification.

Market Portfolio

A portfolio consisting of all stocks.

Correlation

A statistical measure that describes the extent to which two variables change together, and thus how well one variable can predict the other.