According to the text, the procedure of "anchoring and adjustment:"
A)often leads to biased estimates.
B)usually leads to correct estimates without rational calculations.
C)describes people who are dogmatic in their views but change when new data comes.
D)explains why people tend to succeed at new business ventures.

Question

Quizplus · Accepted Answer

The text states that the procedure of "anchoring and adjustment" often leads to biased estimates.

According to the Text, the Procedure of "Anchoring and Adjustment