Examlex
For selected years from 1978 to 2002, the number of mutual funds N, excluding money market funds, can be modeled by , where t is the number of years past 1975 (Source: Investment Company Institute, Mutual Fund Fact Book (2003) ) . Use the model to estimate the year when the number of mutual funds will reach 8,000.
Egocentrism
A cognitive bias that causes individuals to interpret the world from their own perspective, often failing to understand that others may have different points of view.
Object Permanence
The understanding that objects continue to exist even when they cannot be seen, heard, or touched.
Goal-Directed Behavior
Behavior motivated towards achieving a specific outcome or goal.
Overregularization
The tendency for young children to incorrectly use a regular grammar rule where they should use an exception to the rule.
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