29. This suggests that people do not take into account the size of the sample, acting as if a small sample is just as representative of a population as a large one. They may too quickly infer a pattern too quickly based on a small sample and extrapolate apparent trends too far into the future.

True

False

30. Growth oriented technical analysts oftentimes use price momentum and moving averages to uncover investable trends while those with value-oriented predispositions and processes may employ relative strength and sentiment in an attempt to discern potential future instances of reversions to the mean.

True

False

31. With respect to fixed income portfolio management strategies, immunization is accomplished by matching the durations of assets and liabilities. Active bond management, for example, can be driven by interest rate and economic forecasting.

True

False

32. MA is a specific form of framing in which people segregate certain decisions. For example, they may take a lot of risk in gambling (i.e., risk seeking) but establish a very conservative portfolio (i.e., risk averse) with their retirement assets.

True

False