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Basic Question 7 of 7

Overconfidence bias is also known as:

A. the illusion of control
B. the illusion of knowledge
C. the illusion of choice

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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

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.