1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GarryVolchara [31]
2 years ago
5

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.

Hope that helped if it did please give me brainiest Thanks <333 :3

You might be interested in
Polyester and Nylon are examples of synthetic materials called polymers.<br> A. True<br> B. False
Rainbow [258]

Answer:

The answer is true

7 0
2 years ago
Read 2 more answers
Which of the following techniques can be used to separate a heterogeneous mixture into its component parts? (3 points)
avanturin [10]

Answer:

Separation by density

Hope this helps

6 0
3 years ago
Read 2 more answers
Oxygen in organic molecules usually has ______________ bonds
Angelina_Jolie [31]
I think the answer is covalent bonds. 
8 0
2 years ago
Which atom or ion is the largest? A.K B. K+ C. Ca D. Ca2+ E. Li
lapo4ka [179]

Consequently, the ion with the greatest nuclear charge (Al 3 +) is the smallest, and the ion with the smallest nuclear charge (N 3−) is the largest. The neon atom in this isoelectronic series is not listed in Table 2.8.3, because neon forms no covalent or ionic compounds and hence its radius is difficult to measure.

4 0
3 years ago
What physical change happens when copper is drawn into water
Ivenika [448]
The color changes to a blue green color because of the acidity/pH in water. Example is the statue of liberty
6 0
3 years ago
Other questions:
  • An aqueous solution of sodium chloride is best classified as a
    15·1 answer
  • Can someone help me with this please
    9·2 answers
  • Please enter the values you calculated for each of your three trials for the molarity of your NaOH solution. Place your molarity
    13·1 answer
  • What organisms can be infected by Ebola ​
    6·2 answers
  • ¿en que se diferencian la estructura y la función?​
    6·1 answer
  • Why did acid make our teeth rot?
    5·2 answers
  • 17. A substance breaks down into its component elements when it is heated. If 68.0 g of
    11·1 answer
  • Question 12 (1 point)
    5·2 answers
  • Arrange the compounds from lowest boiling point to highest boiling point.
    6·1 answer
  • What is true regarding the calculation in redox titration? group of answer choices moles of the oxidant equal mole of the reduct
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!