n NISM Certifications
XV NISM Series XV
Medium

In which type of bias do investors look for evidence that other investors are buying specific securities?

Practice question from NISM XV Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Gambler’s fallacy

  2. B

    Confirmation bias

  3. Herd mentality

    Correct answer

  4. D

    Anchoring

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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