as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain the distinction between "observable" and "inferable" behavior.
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observable behavior is what can be directly seen or heard, such as verbal or physical activity. inferable behavior is what can be inferred from observed behavior, such as motives or intentions. observable behavior can reveal a person's state of mind, emotions, level of functioning, and cognitive abilities. inferable behavior can be used to make predictions, analyze patterns, and understand how an individual will respond in certain situations.
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