When Asked to Report His Social Security Number Ian Says

question 130

Multiple Choice

When asked to report his social security number Ian says, "999-99-1111." Ian has taken the larger 9-digit number and broken it down into smaller pieces, which makes it easier to recall. This is best explained by the concept of

• A)maintenance rehearsal.
• B)elaborative rehearsal.
• C)flashbulb memory.
• D)the savings method.
• E)chunking.

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Definitions:

Investment Risk

The potential for losing part or all of an investment due to market volatility, economic changes, or other factors.

Standard Deviation

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

Predictable

Something that can be anticipated or expected based on certain indicators or patterns.

Rate Of Return

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