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Author Question: The ________ bias is a tendency to fixate on initial information and fail to adequately adjust for ... (Read 61 times)

CORALGRILL2014

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on: Jul 6, 2018
The ________ bias is a tendency to fixate on initial information and fail to adequately adjust for subsequent information.
 
  A) hindsight
  B) overconfidence
  C) anchoring
  D) availability
  E) self-serving

Question 2

The Health Insurance Portability and Accountability Act includes a regulation designed to protect the privacy of personal health information.
 
  Indicate whether this statement is true or false.


ricroger

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Reply #1 on: Jul 6, 2018
Answer to Question 1

C
Explanation: C) The anchoring bias is a tendency to fixate on initial information and fail to adequately adjust for subsequent information. It occurs because our mind appears to give a disproportionate amount of emphasis to the first information it receives.

Answer to Question 2

Answer: TRUE


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