Example of Anchoring Bias

Chemistry

1 answer:

dmitriy555 [2]2 years ago

6 0

Answer:

Here is an example of anchoring Bias

If I were to ask you where you think Apple’s stock will be in three months, how would you approach it? Many people would first say, “Okay, where’s the stock today?” Then, based on where the stock is today, they will make an assumption about where it’s going to be in three months. That’s a form of anchoring bias. We’re starting with a price today, and we’re building our sense of value based on that anchor.

Anchoring bias occurs when people rely too much on pre-existing information or the first information they find when making decisions. For example, if you first see a T-shirt that costs $1,200 – then see a second one that costs $100 – you're prone to see the second shirt as cheap.

Anchoring or focalism is a term used in psychology to describe the common human tendency to rely too heavily, or "anchor," on one trait or piece of information when making decisions.

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Hello Gary My Man!

Well, as you can clearly see

The atomic number of an element is basically the number of protons it has. So yes, for every element this is different. Now, the mass number of an element as known, is the number of protons+the number of neutrons. So theoretically as we can see, this number should be a whole number, but since there are different isotopes (atoms of the same element with different numbers of neutrons) of each element, most periodic tables take account of that, so they often include decimals as seen.

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2 years ago

A solution is made by dissolving 4.87 g of potassium nitrate in water to a final volume of 86.4 mL solution. What is the weight/

lara31 [8.8K]

Answer:

A solution is made by dissolving 4.87 g of potassium nitrate in water to a final volume of 86.4 mL solution. The weight/weight % or percent by mass of the solute is :

2.67%

Explanation:

Note : Look at the density of potassium nitrate in water if given in the question.

You are calculating weight /Volume not weight/weight % or percent by mass of the solute

Here the weight/weight % or percent by mass of the solute is asked : So first convert the VOLUME OF SOLUTION into MASS

Density of potassium nitrate in water KNO3 = 2.11 g/mL

$density=\frac{mass}{volume}$