Even When an Astrological Description Contains a Mixture of Good

question 58

Multiple Choice

Even when an astrological description contains a mixture of good and bad traits,it may seem accurate because the person remembers or notices the parts of the description that backs up his or her expectations and forgets the rest. This illustrates

• A)the Barnum Effect.
• B)the confirmation bias.
• C)the astrologer's dilemma.
• D)uncritical acceptance.

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Definitions:

Freddie Mac

A public government-sponsored enterprise aimed at expanding the secondary mortgage market by buying loans from lenders.

Credit Standards

The criteria that lenders use to determine the creditworthiness of potential borrowers.

Sub-prime Loans

Loans offered to individuals with poor credit histories or higher risk of default, often at higher interest rates.

Mortgage Default Rate

The percentage of home mortgages on which the borrower is late by ninety days or more with the payments on the loan or it is in the foreclosure process. This rate is sometimes referred to as the serious delinquency rate.