Which judgment bias is the tendency to provide estimates based on the initial starting estimate, regardless of its accuracy?
A)the hasty generalization fallacy
B)the base rate fallacy
C)anchoring and adjustment
D)availability
E)representativeness

Question

Quizplus · Accepted Answer

This bias is known as anchoring and adjustment. It occurs when an individual is influenced by an initial estimate (the anchor) and subsequently adjusts their estimate based on the anchor, even if it is not accurate.

Which Judgment Bias Is the Tendency to Provide Estimates Based