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For each of the following parts, please use the best behavioural terminologies covered in the lectures to describe each scenario and explain your answers. May

For each of the following parts, please use the best behavioural terminologies covered in the lectures to describe each scenario and explain your answers.

May would like to invest in the stock market. Her friend who is an expert has suggested her to purchase stock XUP. After consulting with her friend May was told that, despite current market volatility/uncertainty, there is a 70% chance for this stock to increase by 10% in its value, but a 30% chance of decline by 2% in one month time. May has decided to not invest in it.

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