Lesson 7
The Anchoring Effect
See how a first number pulls your estimate even when it’s plainly random, and make your own number from what things actually sold for.
Builds on
Predict
In a classic experiment, people watched a wheel of fortune stop at either 10 or 65. Then they estimated what percentage of the countries in the United Nations are African. The group that saw 10 gave a typical answer of 25.
Where did the group that saw 65 land?
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Choose a prediction, then select Next to see the answer.