Use the Graph to Answer the Question

question 50

Multiple Choice

Use the graph to answer the question.
- Mike decides to buy shares of companies X and Y, which were initially selling for the same price. The changes in each stock's value over 90 days are shown in the graph above. Using the trend of
The graph at 90 days, do you expect the value of Stock X to increase or decrease over the upcoming
Days?

• A)Decrease
• B)Increase

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Definitions:

Distinctiveness-Based Illusory Correlation

A cognitive bias where individuals overestimate the association between unique or distinctive events and specific outcomes.

Minority

A smaller part of a group differing from the majority in ethnic, religious, political, or other characteristics.

Expensive Jewellery

High-value adornments made from precious materials and stones, often considered luxury items.

Mediation

Process of intergroup conflict resolution where a neutral third party intervenes in the negotiation process to facilitate a settlement.