On April 19 of This Year, Sandy Learned That Her

question 61

True/False

On April 19 of this year, Sandy learned that her stock investment had become worthless. The stock is deemed to be worthless on December 31 of this year.

---

Definitions:

Systematic errors

Errors that consistently occur in the same direction every time a measurement is made, affecting the accuracy of results across a dataset.

Heuristics

Cognitive shortcuts or rules of thumb that simplify decision making by reducing complex problem-solving to simpler judgment processes.

Ethical implications

The moral consequences or considerations arising from actions, decisions, or policies in personal, professional, or organizational contexts.

Decision entrapment

A situation where individuals continue to invest in a decision despite new evidence suggesting it may have been the wrong choice.