Answer: Offset their losses with gains
Explanation:
Diversification reduces the risk of losses because it spreads investment out across different industries that are ideally negatively correlated so that if things in one industry go wrong for instance, things will go right in the other.
For instance, the investor could invest in both Ice cream companies and Hot Beverage companies with the idea being that in winter when the Ice Cream company losses sales, the Hot Beverage company would make up for it and vice versa in the summer.
Diversification therefore works by offsetting losses in one investment with gains in another.
Answer:
Confirmation bias is the tendency for people with strong prior beliefs, when confronted with a choice, to make their decisions based on assumptions they’ve already made.
Explanation:
Confirmation bias is a tendency in human behavior to unknowingly be selectively aware of information that confirms our own perceptions. Confirmation bias is a type of cognitive bias.
If you have a negative self-image, you tend to get stuck on criticism and not hear praise. Scientific researchers, too, tend to be selectively aware of research results that are consistent with their own theory and unconsciously ignore those that contradict it. A confirmation bias risks leading to a superstition on personal opinions, while rebuttal and alternative sources are ignored. This can lead to disastrously wrong decisions, especially in scientific, political and military contexts.
Answer:
The correct answer is German.
Explanation:
All three of the words come from the German language.
Answer:
If you are referring to the game Senet: Senet, means “passing” and had a religious significance – the aim of each player being to move their pieces around the board and avoiding hazards. Good luck was a blessing from the gods and the winner was the first to pass into the afterlife by getting all their pieces off the board.