Why Is Learning Defined in Terms of the Mechanisms of Behavior

question 27

Multiple Choice

Why is learning defined in terms of the mechanisms of behavior rather than by a behavior change itself?

• A)Behavior changes are short-lived; changes in the mechanisms are enduring.
• B)Behavior is due to many factors besides learning.
• C)Behavior does not change due to interaction with environmental stimuli.
• D)Behavior cannot be quantified; mechanisms can be.

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Definitions:

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.

Selection Contribution

The return added to a portfolio through the successful selection of securities, differentiating from the return that would result from holding a passive benchmark portfolio.

Total Excess

The amount by which returns on an investment exceed the benchmark or risk-free return over a specified period.

Bogey Portfolio

An investment portfolio that serves as a benchmark against which other portfolios' performances are measured.