Making Up a Story That Involves Associating Mental Images with Facts

question 12

Multiple Choice

Making up a story that involves associating mental images with facts you need to remember is an effective

• A) implicit memory.
• B) déjà vu.
• C) sensory memory.
• D) mnemonic device.

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Definitions:

Prior Beliefs

The pre-existing beliefs or expectations an individual holds before receiving new information or evidence.

Memory Bias

A cognitive bias that affects the accuracy of recall and the influence of memories on decision making, often leading to skewed or selective recollections.

P/E Effect

That low P/E stocks have exhibited higher average risk-adjusted returns than high P/E stocks.

Forecasting Errors

Discrepancies between predicted data and actual data, indicating inaccuracies in models or expectations.