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]
3 years ago
5

Example of Anchoring Bias

Chemistry
1 answer:
dmitriy555 [2]3 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
. All waves have a similar
Setler [38]

Answer:

They all have the same fundamental properties of reflection

5 0
3 years ago
Read 2 more answers
What are the sign and magnitude of the charge of atom containing 14 protons, 15 neutrons, and 12 electrons?
Karo-lina-s [1.5K]
<span>We know that protons gives positive charge, neutrons no charge and electrons negative, then +14 - 12 = +2 So the charge of the atom is sign positive and magnitude 2</span>
7 0
3 years ago
Help pls I will mark brainlest​
defon

Resources found in lithosphere: gold and iron etc

Resources found in atmosphere: Water vapor, gases etc.

4 0
3 years ago
How much does it take to make a science explosion?
melomori [17]

Answer:

Explanation:

D I think I am dumb

sorry

6 0
3 years ago
Read 2 more answers
What does the number of valence electrons determine?
N76 [4]

Valence electrons are the electrons in the outermost shell of an element on the periodic table. Atoms want to be able to have a full outer shell and they can share or trade electrons in order to achieve this. Valence electrons are also super super important in chemical reactions. The number of valence electrons determines what group that specific atom or element is in on the periodic table. This affects the reactivity of the element.

4 0
3 years ago
Other questions:
  • Melting can be best described as a process in which molecules
    15·1 answer
  • Drag each quantity to the correct location on the table. Complete the table of bond energies and bond lengths. 125 pm 145 pm 167
    11·1 answer
  • What is the Molar mass of PbCO4
    15·1 answer
  • Consider the following reaction at equilibrium. What effect will increasing the pressure of the reaction mixture have on the sys
    8·1 answer
  • 20 points to whoever can answer these 3 questions correctly
    10·1 answer
  • Explain how the law conservation of mass is related to balancing equations
    5·1 answer
  • Multi-Step Conversions (Always go through moles!)
    7·1 answer
  • What is wind in more than 15 words?
    13·1 answer
  • 1. How much energy must be absorbed to break the bonds of the 2 molecules of HCl?
    15·1 answer
  • What structure do bacteria cells have
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!