Question 3: choose the correct answers below of each part and then justify according to these particular biases . (loss aversion , convertism, status qis bias, framing bias ,cognitive dissonance, mental accounting)

a)when you participate in games of chance that involve dice such as backgammon , monopoly, or craps do you feel most in control when you roll the dice yourself?

1) i feel more in control when i roll the dice.

2)i am indifferent as to who rolls the dice.

b) when returns to your portfolio increase, to what do you mainly attribute this turn of events?

1)the control that i have exercised over the outcome of my investments.

2)some combination of investment control and random chance.

3)completely random chance.

c)when you are playing cards are you usually most optimistic with respect to the outcome of a hand that you have dealt yourself?

1)a better outcome will occur when i am controlling the dealing of the cards.

2)it makes no difference to me who deals the cards.

d)when and if you purchase a lottery ticket do you feel more encouraged,regarding your odds of winning if you choose the number yourself rather than using a computer generated number?

1)i am more likely to win if i control the numbers picked.

2)it makes no difference to me how the numbers are chosen.