Finance Brain
Courses
Home
Sign in
← What Are Cognitive Biases
1 / 4
Question
What distinguishes a cognitive bias from a random error?
1
Cognitive biases only affect financial decisions, not other judgments
2
Random errors are caused by heuristics; cognitive biases are not
3
Cognitive biases are systematic and predictable, whereas random errors are not
4
Cognitive biases occur more often in unintelligent people
Press 1–4 to pick an answer
Finance Brain