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Explain how prelinguistic interactions such as joint attention, the mother's language and the child's reactions influence the development of communication in language.
Forecasting Errors
Discrepancies between predicted values and actual values that occur when projecting future data points or trends.
Passive Investments
Investment strategies that involve minimal buying and selling actions, typically focused on long-term appreciation and mimicking market or sector indexes.
Regret Avoidance
Notion from behavioral finance that individuals who make decisions that turn out badly will have more regret when that decision was more unconventional.
Overconfidence
A cognitive bias where an individual overestimates their abilities or the precision of their knowledge, often leading to mistakes in judgment.
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