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behavioral biases EOC Q11
Apologies if this has already been discussed.
Q - Which one of the following biases did Jordan not demonstrate?
A - Representativeness. ”Jordan is not relating the certainty about the future or her decision to hold losing positions back to something she has done or experienced in the past.”
However, the information given says “she reassures the team that this strategy has performed well in the past…” Am I missing something, or is this the exact definition of representativeness bias? |
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