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Part 1: Matching Match the term on the left with the letter of the definition on the right. - Reading into Randomness A. Tendency to
Part 1: Matching Match the term on the left with the letter of the definition on the right. - Reading into Randomness A. Tendency to believe arbitrary patterns contain valuable information Small Sample Bias B. Tendency to overweight outcomes that are more Saliency prominent in our minds or in the media Representativeness C. Tendency to hold on to losing stocks for too long or to sell - Disposition Effect winning stocks too soon - Framing Effect D. Tendency to determine subjective probabilities based on stereotypes - Conjunction Fallacy E. People often believe that the probability of two events happening together is greater than the probability of either event occurring in general F. Tendency to believe statistics even if the groups over which they were calculated are not very large G. People's apparent preferences can change depending on how a question is phrased
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