Which one of these terms is used to describe a principle where investors draw conclusions from insufficient data?
A)Representativeness
B)Synergy
C)Conservatism
D)Arbitrage
E)Independent deviations from rationality

Question

Quizplus · Accepted Answer

The term used to describe a principle where investors draw conclusions from insufficient data is representativeness. This refers to the tendency to rely too heavily on small amounts of information and draw conclusions based on a limited sample.

Which One of These Terms Is Used to Describe a Principle