Use the High Closing Values of Naristar Inc

question 6

Essay

Use the high closing values of Naristar Inc.stock from the years 2003-2014 to construct a timeplot. $$\begin{array} { c | c | c | c } \text { Year } & \text { High } & \text { Year } & \text { High } \\\hline 2003 & 48 & 2009 & 62 \\2004 & 53 & 2010 & 60 \\2005 & 47 & 2011 & 68 \\2006 & 55 & 2012 & 42 \\2007 & 58 & 2013 & 51 \\2008 & 61 & 2014 & 78\end{array}$$

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Definitions:

I Data

Informants’ data, or judgments made by knowledgeable informants about general attributes of an individual’s personality.

Heuristic Errors

Heuristic errors refer to mistakes made in judgment or decision-making processes due to the use of simple and efficient rules (heuristics) that the human brain uses to process information quickly but sometimes inaccurately.

Biases

A tendency to lean in a certain direction, either in favor of or against something, often without a neutral standpoint.

Stereotypes

Widely held but fixed and oversimplified images or ideas of a particular type of person or thing, often leading to prejudice and discrimination.