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Basic Question 0 of 6
Analysts believe that forecasts can be rendered more accurate in two ways: by acquiring more information and opinions from experts and by creating more granular and complex models. This is likely an example of ______ bias.
B. illusion of control
C. conservatism
A. over-confidence
B. illusion of control
C. conservatism
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Learning Outcome Statements
calculate and interpret the expected value, variance, standard deviation, covariances, and correlations of portfolio returns
CFA® 2025 Level I Curriculum, Volume 1, Module 5.