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Basic Question 0 of 8

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.

A. over-confidence
B. illusion of control
C. conservatism

User Contributed Comments 0

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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

describe a Monte Carlo forward-rate simulation and its application.

CFA® 2025 Level II Curriculum, Volume 4, Module 27.