The document summarizes several studies investigating short-term memory (STM) and long-term memory (LTM). One study found that lists of words that were acoustically or semantically similar were recalled worst from STM and LTM respectively, suggesting STM encodes information based on sound and LTM based on meaning. Another study found the capacity of STM is around 7 items and its duration is less than 30 seconds without rehearsal. A long-term study found very long-term memories can last many years with little decline over time.