Elena Finds It Very Difficult to Remember a Long String

question 37

Multiple Choice

Elena finds it very difficult to remember a long string of numbers, so she tries to memorize three numbers at a time. Later, she is able to repeat the numbers correctly because she grouped the numbers into more manageable groups of three. This is an example of ________.

• A) chunking
• B) elaborative rehearsal
• C) a mnemonic device
• D) persistence

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Definitions:

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values, commonly used in finance to assess the volatility of investment returns.

Investment

Allocating resources, usually money, with the expectation of generating an income or profit.

Reward-to-Variability Ratio

A ratio used to evaluate the return of an investment relative to its risk, with a higher ratio indicating a more favorable risk-reward profile.

Risk-free Rate

A presumed income from an investment that is free from any financial risk, typically reflected through government bond yields.