Week 7 - Class 1

Question 1

What is System 1?

Answer 1

• Subconscious
• Effortless
• Automatic
• Fast

Question 2

What is system 2?

Answer 2

• Conscious
• Effortful
• Controlled

Question 3

Which system is heuristics and biases associated with?

Answer 3

System 1

Question 4

Which system improves decision making?

Answer 4

System 2.

Question 5

What one problem with system 1, regarding Attribute substitution?

Answer 5

One property of System 1 is that when we are asked a question, this system often provides an answer to a different but related question.

Question 6

What did the study with Tom W. show?

Answer 6

There was a strong correlation between likelihood and similarity were strong. But correlation wasn’t strong between base rate and likelihood.

Question 7

What does the cognitive reflection test aim to do?

Answer 7

The test is designed to measure how the brain overrides system 1 to go to system 2.

Question 8

What’s the main point behind the Tom Wong problem?

Answer 8

The bias neglects base rate.

Question 9

Is there a strong or weak correlation between similarity and likelihood? How do we know?

Answer 9

Strong. No