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A Predictable Effect of Genetic Drift in a Small Population

question 43

Multiple Choice

A predictable effect of genetic drift in a small population is an increase in _____.

Understand the concept of compounded interest and its application.
Interpret and analyze financial tables related to bank accounts and loans.
Calculate future value of investments using different interest rates and time periods.
Explain the concept of present value and how it is affected by interest rates and time.

Definitions:

Anchoring Effect

The inadequate adjustment of subsequent estimates from an initial estimate that serves as an anchor.

Anchoring Effect

A cognitive bias where an individual relies too heavily on an initial piece of information (anchor) when making decisions.

Anchoring Effect

A cognitive bias where an individual's decisions or estimates are influenced by an initial piece of information (anchor).

Cognitive Bias

A systematic pattern of deviation from norm or rationality in judgment, where individuals create their own "subjective reality" from their perception.

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