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Anna is conducting an experiment using a pH indicator that is red at low pH, green at neutral pH and purple at high pH. She starts with a green solution. When she adds compound X to her solution it turns purple. Then she adds compound Z to the solution and it turns green. She adds more Z, the solution remains green. These observations suggest X is _ _ and Z is .
Overconfidence
A cognitive bias where an individual's subjective confidence in their judgments is greater than the objective accuracy of those judgments.
Stockbrokers
Professionals who buy and sell stocks and other securities for clients in exchange for a fee or commission.
Market Average
A statistical measure that represents the overall movement of a specific set of stocks, indicating the general health of the stock market.
Availability Heuristic
A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method or decision.
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