Cyndi says to you,"I'm wondering if I should study abroad in France." You studied in Germany two years ago,and found the cost of living (not counting tuition)to be about $5,000 for a semester,so you say,"I bet it will cost you about $5,000,not counting tuition." Your answer demonstrates:
A) biased expectations.
B) anchoring.
C) using a piece of information loosely related and applying it to your guess.
D) All of these statements are true.

Question

Quizplus · Accepted Answer

The Answer of Cyndi says to you,"I'm wondering if I should study abroad in France." You studied in Germany two years ago,and found the cost of living (not counting tuition)to be about $5,000 for a semester,so you say,"I bet it will cost you about $5,000,not counting tuition." Your answer demonstrates:
A) biased expectations.
B) anchoring.
C) using a piece of information loosely related and applying it to your guess.
D) All of these statements are true.

Cyndi Says to You,"I'm Wondering If I Should Study Abroad