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CMT-Level-II Exam Dumps : CMT Level II Exam

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CMT Level II Exam Questions and Answers

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Question 1

The bias under which, when an event has not occurred recently, the event is perceived as having zero or negligible probability of occurring in future, is categorized as:

Options:

A.

Saliency bias

B.

Framing bias

C.

Sunk-cost bias

D.

Anchoring bias

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Question 2

Which of the following perfectly describes the pattern of a standard broadening formation with regards to pattern analysis?

Options:

A.

The upper trend line goes downwards and must have two peaks, the latter higher than the former

B.

The upper trend line goes upwards and must have two peaks, the latter higher than the former

C.

The upper trend line goes upwards and must have a single peak

D.

The upper trend line goes upwards and must have two peaks, the latter lower than the former

Question 3

Which of the following the correct description of the law of percentages in the field of decision making and selection?

Options:

A.

A relative loss of 20% can be made back with a relative gain of 20%, but an absolute 20% loss requires a 25% gain to break even

B.

A relative loss of 20% can be made back with a relative gain of 20%, but an absolute 20% loss don't require a 25% gain to break even

C.

A relative loss of 20% can be made back with a relative gain of 20%, but an absolute 10% loss requires a 25% gain to break even

D.

A relative gain of 20% can be made back with a relative loss of 20%, but an absolute 20% loss requires a 25% gain to break even

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