What type of bias relies too heavily on one piece of information in making a final decision?
Anchoring is a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the "anchor'') when making decisions. During decision making, anchoring occurs when individuals use an initial piece of information to make subsequent judgments. This bias is the tendency to jump to conclusions.
The average marks of Madhu in four subjects are 64, and she got 69 marks in the fifth subject. What is the new average of marks obtained by Madhu in 5 s...
What was the local village assembly (Gram Sabha) called during the Chola dynasty?
……….are basically the reason for developing fear in the child’s mind.
Howmany seats are there in Rajya Sabha?
Which of the following scheme lays special emphasis on targeting the poorest of the poor and the most vulnerable communities and their financial inclusion?
Recently RBI lowered the net worth requirements for entities operating units in BBPS to _____ from Rs. 100 Cr.
Which Indian state does not require an Inner Line Permit System?
On which of the following dates is International Tiger Day observed?
What does the term "regatta" refer to?
Who has directed the film Koozhangal which won the Best Film Award in the Asian Film Competition category at the 20th Dhaka International Film Festival ...