Persons with Deposits Less Than $100,000 in Banks, Savings and Loans

question 210

True/False

Persons with deposits less than $100,000 in banks, savings and loans, and credit unions run the risk of losing their money in an economic downturn.

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Definitions:

Random Assignment

Assigning participants to experimental and control groups by chance, thus minimizing preexisting differences between those assigned to the different groups.

Illusory Correlation

A cognitive bias in which a relationship between two variables is perceived to exist when in fact there is none or it is much weaker than assumed.

Dreams

Mental experiences during sleep, often containing imagery, thoughts, and emotions, which can range from mundane to deeply symbolic.

Future Events

Occurrences or situations that have not yet happened but are anticipated or expected to occur.