Multiple Choice
An instructor was interested in students' perceptions of cheating. She wanted to protect the confidentiality of their responses, so she told students to write the last two digits of their student number (from 00 to 99) in a space at the top of their form. The first question the instructor asked them was to estimate from 0% to 100% the percentage of college students they believed cheat in their course work at least once a semester. Based on the research by Ariely and his colleagues (2003) , students would MOST likely:
A) insufficiently adjust their estimates based on the anchor they use.
B) use anchoring values based on their personal preferences.
C) use anchors that are based on the ideals of optimal human performance.
D) overconfidently estimate what the anchors should be.
Correct Answer:

Verified
Correct Answer:
Verified
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