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anchoring

/ΛˆΓ¦Ε‹kΙ™rΙͺΕ‹/ /ΛˆΓ¦Ε‹kΙ™rΙͺn/
Visual illustration of anchoring: The tendency of people to place subsequently refined answers to a given question close to the initially estimated answer, giving unduly weight to the initial answer, such as adjusting the initial estimate of "20%" to "30%" when "90%" would be more appropriate.
noun

The tendency of people to place subsequently refined answers to a given question close to the initially estimated answer, giving unduly weight to the initial answer, such as adjusting the initial estimate of "20%" to "30%" when "90%" would be more appropriate.