Which Type of Psychologist Might Administer an Intelligence Test to Your

question 1

Multiple Choice

Which type of psychologist might administer an intelligence test to your 12-year-old child to determine if he or she should be in special education classes?

• A)school
• B)educational
• C)counseling
• D)clinical
• E)personality

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Definitions:

Regret Avoidance

Notion from behavioral finance that individuals who make decisions that turn out badly will have more regret when that decision was more unconventional.

Overconfidence

A cognitive bias where an individual overestimates their abilities or the precision of their knowledge, often leading to mistakes in judgment.

Behavioral Biases

Psychological tendencies that affect investment decisions and financial behaviors.

Fundamental Risk

Risk that even if an asset is mispriced, there is still no arbitrage opportunity because the mispricing can widen before the price eventually converges to intrinsic value.