Define Learning and Explain the Two Learning Theories That Are

question 107

Essay

Define learning and explain the two learning theories that are relevant to understanding how and why individual behavior occurs.

---

Definitions:

Standard Deviation

A statistical measure of the dispersion or variability of a set of data points around the mean, commonly used to quantify the amount of variation.

Average Rate

The mean value of a set of rates, capturing the central tendency over a specified period or dataset.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.

Variance of Returns

A measure of the dispersion or spread of returns on an investment, indicating its volatility.