Confirmation Bias Refers to the Situation in Which

question 45

Multiple Choice

Confirmation bias refers to the situation in which

• A) investors have a propensity to sell winners too soon and hang on to losers too long.
• B) investors ignore bad news and overemphasize good news.
• C) investors tend to follow the herd.
• D) investors put more money into a failure rather than into a success.
• E) investors are all noise traders.

---

Definitions:

McIntosh

Peggy McIntosh, an American feminist and anti-racism activist, known for her work on white privilege and male privilege.

Social Structures

The complex framework of societal institutions (such as laws, the economy, and social norms) and the relationships among those institutions that determine the pattern of human interaction.

Race

A social construct used to categorize humans based on physical and ancestral characteristics, influencing identities and social positions.

Attribute

A quality or characteristic belonging to a person, thing, or group.