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Basic Question 0 of 9
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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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
discuss commonly recognized behavioral biases and their implications for financial decision making
CFA® 2025 Level I Curriculum, Volume 6, Module 5.