________ is an estimation technique that begins with an initial approximation, which is then modified in accordance with additional information.
A)The adaptive rationality standard
B)Status quo bias
C)Regression to the mean
D)Anchoring and adjustment

Question

Quizplus · Accepted Answer

Anchoring and adjustment is an estimation technique that begins with an initial approximation (the anchor), which is then modified in accordance with additional available information (the adjustment).

________ Is an Estimation Technique That Begins with an Initial