Empirical Tests to Date Show ______________

question 53

Multiple Choice

Empirical tests to date show ______________.

• A) that many investors have earned large rewards by market timing
• B) little evidence of market timing ability
• C) clear cut evidence of substantial market timing ability
• D) evidence that absolutely no market timing ability exists

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Definitions:

Spotlight Effect

The psychological phenomenon in which people tend to believe they are being noticed more than they really are.

Self-efficacy

The belief in one's own ability to succeed in specific situations or accomplish a task, which can play a major role in how one approaches goals, tasks, and challenges.

Self-esteem

An individual's subjective evaluation of their own worth or abilities.

Personal Space

The physical area surrounding someone over which they prefer control, influencing how closely they allow others to approach.