New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A bias that describes the common human tendency to rely

    heavily on the first piece of information offered-
    A Anchoring Correct Answer Incorrect Answer
    B Holding Correct Answer Incorrect Answer
    C First mover advantage Correct Answer Incorrect Answer
    D Inception Correct Answer Incorrect Answer
    E Framing Correct Answer Incorrect Answer

    Solution

    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.

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