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2. Name the heuristics/bias observed in the following scenarios. Explain very briefly. a.) Peter invested in Gigi stock. After 1 year, the stock price went

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2. Name the heuristics/bias observed in the following scenarios. Explain very briefly. a.) Peter invested in Gigi stock. After 1 year, the stock price went up 20\%. Peter proudly told his friends that he knew this stock would go up because he studied it and found out this was a great company. Since then, he invested much more money in the stock. After another year, he lost most of the money. He was very sad and blamed the loss on some unpredictable issues. He though he had a very bad luck

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