To Determine Whether Weight Loss Is Easier When You Maintain

question 714

Multiple Choice

To determine whether weight loss is easier when you maintain a goal focus, Conlon and his colleagues assigned participants to one of three weight loss groups, goal-focused, achievement-focused, and no-focus control.Each group met for 12 weekly meetings and had access to a special website.Then,every week, goal-focused participants were asked to describe how much more weight they needed to lose to reach their goal, while achievement-focused participants were asked to describe how much weight they had already lost.At this point in their research, Conlon and his associates were completing which step in the scientific method?

• A) disseminating their results
• B) building a theory
• C) defining the problem
• D) gathering evidence to test their hypothesis

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Definitions:

Noise Traders

Investors who make decisions based on random or irrelevant information, often causing market prices to deviate from their true values.

Limits To Arbitrage

Restrictions or impediments that prevent traders from taking advantage of discrepancies in prices between or within markets to make risk-free profits.

Representativeness Heuristic

The reliance on stereotypes, analogies, or limited samples to form opinions about an entire class.

House Money

A term from Behavioral Finance referring to the tendency of individuals to take greater risks when trading with profits from prior trades, viewing it as "play money."