Chapter 13 - Reasoning and Decision Making Flashcards
1
Q
Antecedent
A
the “if” term
2
Q
Base rate
A
the relative proportions of different categories in the population
3
Q
Conjunction rule
A
the joint probability of two events is less than or equal to the probability of either event alone
4
Q
Decision making
A
a process by which people make choices between alternatives
5
Q
Falsification principle
A
to test a rule, look for situations that would falsify the rule
6
Q
Framing effect
A
tendency for decisions to be influenced by how they are stated (framed)
7
Q
Gambler’s fallacy
A
mistaken belief that the probability of a random event in the short run will match its probability in the long run
8
Q
Law of large numbers
A
the larger the sample size, the more representative a sample will be of the population from which it was chosen
