Examlex
What is the approximate standard deviation of returns if over the past four years an investment returned 8.0%, - 12.0%, - 12% and 15.0%?
Distressed
A state of emotional strain typically resulting from difficult or adverse situations.
Options
Choices or alternatives available in any situation, allowing for decision-making based on preferences, needs, or desired outcomes.
Status Quo Bias
A preference for the current state of affairs, with changes perceived as a loss.
Omission Bias
A cognitive bias that involves the tendency to judge harmful actions as worse, or less moral, than equally harmful omissions (inactions).
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