Answer:
DeBondt and Thaler (1985) found that the poorest-performing stocks in one time period experienced <u>good</u> performance in the following period and that the best-performing stocks in one time period experienced <u>poor</u> performance in the following time period.
Explanation:
In their 1985 paper <em>Does the Stock Market Overreact?</em>, economists Werner DeBondt and Richard Thaler analyzed the performance of the stock market and found out that people were falling for what is called the "hot hand fallacy", where people think (erroneously) that what has been happening in recent times will continue to happen indefinitely. In the stock market, this leads to people thinking poor-performing stocks will continue to perform poorly, while good-performing stocks will continue to perform positively. However, empirical research doesn't support this, as they found out that <u>the poorest-performing stocks in one time period experienced </u><u>good</u><u> performance in the following period and that the best-performing stocks in one time period experienced </u><u>poor</u><u> performance in the following time period.</u> But many investors found themselves on the wrong end of poor trades because they fell for the hot hand fallacy.
Answer:
C. Delegated discretionary authority
Explanation:
Delegated discretionary authority is the extent to which appointed bureaucrats can choose courses of action and make policies that are not spelled out in advance by laws. In this context, establishing standards and guidelines for automated vehicles in the United States is a delegated discretionary authority because it is not a spelt out duty by law.
Answer:
A. First, you should consider all the facts and anything you know about them.
Explanation:
In every situation, the logical thing to do would be to consider all the facts and anything surrounding the situation before making a logical conclusion. <em>For example, in a situation where someone is being accused of crime, it would be unwise to take a stand on such without reviewing all the situation around it.</em>
Answer:
Observational learning.
Explanation:
Mr. Sanchez invites professionals from the local engineering company to serve as after school mentors. These mentors not only provide academic help but also serve as positive role models. This is an example of observational learning.
An observational learning can be defined as a learning process which typically involves individuals observing, or watching others and the retention of these informations for latter use.
It's one of the most effective modeling methods employed by organizations or people. The main aim of an observational learning is to have a group of people or person observe another individual's attitude, behavior, and emotional expressions for a positive replication.
<em>Hence, the professionals or experts would act as a mentor to their protégé and by extension be a positive role models. Mr Sanchez using an observational method is keenly interested in developing the students in all ramifications (positive) as they learn and observe the professionals.</em>
