Which error occurs when managers allow initial impressions, statistics, or estimates to control or excessively influence subsequent thoughts and decisions

anchoring bias

Explanation:

Anchoring bias is simply the error that occurs when managers allow initial impressions, statistics, or estimates to control or excessively influence subsequent thoughts and decisions.

In anchoring, an individual allows an earlier piece of information that he or she has gotten to impact his or her future thoughts as decisions will be made based on the earlier information which can be bias.

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.