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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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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

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

CFA® 2024 Level I Curriculum, Volume 6, Module 5.