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Basic Question 1 of 7

A person who feels that selecting her own lottery ticket number, rather than accepting a machine generated number, increases the likelihood of winning, is exhibiting:

A. Confirmation Bias
B. Framing Bias
C. Illusion of Control Bias.

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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

discuss commonly recognized behavioral biases and their implications for financial decision making

CFA® 2025 Level I Curriculum, Volume 6, Module 5.