Anchoring bias occurs because our mind appears to give a disproportionate amount of emphasis to the first information it receives.

Question

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Anchoring bias is a well-known cognitive bias that occurs when our minds give more weight to the first piece of information we receive. This can result in us making decisions or judgments that are influenced by this initial anchor point, even if it is not necessarily relevant or accurate.

Anchoring Bias Occurs Because Our Mind Appears to Give a Disproportionate