The following applies to questions 1-2 below. Consider the ratio form of Bayes\'
ID: 1108873 • Letter: T
Question
The following applies to questions 1-2 below. Consider the ratio form of Bayes' Theorem, i.e., for disjoint hypotheses Ho and Hi, and observed data D 1. What errorn reasonig olves ignoring p(DIH when estimating ? A. Conservatism B. Base rate neglect C. Pseudodiagnosticity D. The gambler's fallacy E. Plasticity p(Ho) p(H1) (Ho|D) 2. What error in reasoning involves treating general case? as being approximately equal to P{ XY in the A. Conservatism B. Plasticity C. The gambler's fallacy D. Censoring E. Base rate neglectExplanation / Answer
1. Option D.
Gambler's Fallacy.
The Gambler's Fallacy is generally assuming that the odds of a single truely random event are affected in any way by previous iterations of the same or other truly random event.
2. Option E.
Base Rate Neglect.
Bease rate neglect is a cognitive error whereby too little weight is placed on the base (original) rate of possibility.
3. Option D.
4. Option A.
Rational Behaviour.
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.