[Solved] Explain writing a covered call and a naked call. What are the similarities and differences between the two? Which strategy is riskier? Social Information Processing: The way individuals understand and use social information to make judgements and decisions in interpersonal situations, considering the context, social cues, and norms. Incorrectly Assumed: Believing something to be true without sufficient evidence or despite evidence to the contrary. Clarify Goals: The process of making one’s objectives or aims clear and specific to better guide actions and decisions. Ethnic Identity: An individual's sense of belonging to a particular ethnic group, including aspects of culture, language, and traditions.