Asch Found That a Few Dissenters, Although Incorrect, Were Taken

question 73

Multiple Choice

Asch found that a few dissenters, although incorrect, were taken seriously by a correct majority. This can be viewed as a precursor to later studies on:

• A) minority influence.
• B) group conflict.
• C) reference groups.
• D) obedience to authority.

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Definitions:

Asset Betas

Measure the sensitivity of an asset's returns to market returns, representing the systematic risk of assets not attributable to market-wide movements.

Average Excess Returns

The average return on an investment above the return of a benchmark or risk-free asset.

Quasilinear

Pertaining to equations or functions that are nearly, but not exactly, linear in their behavior or representation.

Betas

A measure of a stock's volatility in relation to the overall market; a beta above 1 indicates greater volatility than the overall market.