Representativeness Heuristic Is Best Explained As

question 28

Multiple Choice

Representativeness heuristic is best explained as:

• A)the process of assuming events are random even when they are not.
• B)the creation of patterns in planned events.
• C)concluding that casual factors are the source of random events.
• D)believing that random events that occur in clusters are truly random.
• E)overconfidence in one's own skills as an investor.

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