The recency effect is: Multiple Choice accounting for the most recent profits or losses first on financial statements. the basic human tendency to overvalue recent experience when trying to predict the future. earning a profit by betting against what everyone else is doing. shorting financial investments that are subject to a bubble.
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suchetasVT 4 months ago
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The recency effect is the basic tendency to overvalue recent experience when trying to predict future.

What is recency effect?

The recent effect is that you remember well the information you heard in the end.The recent effect refers to the memory factor, in which individuals may recall information that they heard at the last.

Recent results are derived from the study of the last few items in the list from short-term memory (STM), and the significance results are reflected in the long-term memory benefit (LTM) for the first few items in the list due to the large duplication given to those items.

Thus, the correct statement is the recency effect is the basic tendency to overvalue recent experience when trying to predict future.

Learn more about recency effect:

https://brainacademy.pro/question/9042486

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