To much math fallacy Flashcards
1
Q
Confusing absolute and relative difference
A
Referring to the relative risk instead of the absolute. Relative is based of the absolute. If you say the risk is reduced 54 percent, its 54% reduced of the risk of the absolute eg 1/200,. Now 1 in 370
2
Q
Base rate fallacy
A
Ignoring the base rate. Most cats are black, only 45 percent of rats are black. Rex is black so must be a cat. You ignore the fact that there are way more rats in the world than cants.