If Expectations Are Formed Adaptively,then People

question 5

Multiple Choice

If expectations are formed adaptively,then people

• A)use more information than just past data on a single variable to form their expectations of that variable.
• B)often change their expectations quickly when faced with new information.
• C)use only the information from past data on a single variable to form their expectations of that variable.
• D)never change their expectations once they have been made.

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Definitions:

Articles and Prepositions

Words used in language to specify grammatical relationships, with articles defining specificity (a, an, the) and prepositions indicating relationships in space and time (in, on, at).

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language, especially in terms of word order and punctuation.

Telegraphic Speech

A stage of language development in young children in which they use two-word sentences with high-content words, omitting smaller, less important ones.

Proposition

An assertion that communicates a conviction or opinion, and has the potential to be accurate or erroneous.