Even When an Astrological Description Contains a Mixture of Good

question 575

Multiple Choice

Even when an astrological description contains a mixture of good and bad traits, it may seem accurate because the person remembers or notices the parts of the description that backs up his or her expectations and forgets or ignores the discrepancies. This illustrates

• A)pseudoscience.
• B)confirmation bias.
• C)the astrologer's dilemma.
• D)uncritical acceptance.

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Definitions:

Efficient Portfolios

Portfolios that offer the best possible expected return for their level of risk, based on modern portfolio theory.

Rates of Return

Rates of return measure the net gain or loss of an investment over a specified period, expressed as a percentage of the investment’s initial cost.

Standard Deviations

A measure of variability that quantifies the extent of deviations of a set of data points from their mean.

N Risky Securities

A term referring to a collection of investments that carry a significant level of risk, where 'N' indicates the number or variety of such risky assets.