Discussion 3

Anchoring Bias

What is the Anchoring bias? How might is play a role in the decision in SLP 2/SLP 3( See last week SLP 2 question and See recently submited SLP 3 question) ? In what way might this bias cause error in the estimation of the probabilities? How could you mitigate the effect of this bias?

Provide your initial discussion post to the question. Be sure to include references to any resources you used. You should use at least one resource to help you with your initial discussion.

Requirement: Write 1 Page Double Space, APA Format, follow Grading Rubric format.