A decision-making heuristic in which people make judgments about samples according to the populations they appear to represent is called the anchoring and adjustment heuristic.

Question

Quizplus · Accepted Answer

The description given in the statement refers to the representativeness heuristic, not the anchoring and adjustment heuristic. The anchoring and adjustment heuristic occurs when people are influenced by an initial anchor point and adjust their judgment based on that anchor.

A Decision-Making Heuristic in Which People Make Judgments About Samples