A Person's Belief That He or She Is Capable of the Specific

question 119

Multiple Choice

A person's belief that he or she is capable of the specific behavior required to produce a desired outcome in a given situation is called

• A) self-efficacy.
• B) control.
• C) hardiness.
• D) internal explanatory style.

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Definitions:

Independent

In statistics, refers to variables that are not affected by other variables in the context of the analysis.

Mutually Exclusive

Events or conditions that cannot occur at the same time; within the context of probability, two events that cannot both be true simultaneously.

Financial Consultants

Professionals who offer expert advice on financial planning, investments, retirement, and wealth management to individuals and businesses.

Balanced Portfolio

An investment strategy that combines a mix of assets, such as stocks and bonds, to mitigate risk while aiming for a moderate level of return.