A sum of money invested at 6 times at the simple interest rate of 5% per annum
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Step-by-step explanation:
One important factor that helps groups to outperform individuals on decision-making tasks is the type of interdependence they have.
Here are eight common biases affecting your decision making and what you can do to master them.
Survivorship bias. Paying too much attention to successes, while glossing over failures. ...
Confirmation bias. ...
The IKEA effect. ...
Anchoring bias. ...
Overconfidence biases. ...
Planning fallacy. ...
Availability heuristic. ...
Progress bias.
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