8 part 2
6. I can either be right or wrong. Thus, there is a 50% chance that anything I believe is true. That line of reasoning is guilty of base rate neglect. TRUE/FALSE
7. An argument that is guilty of base rate neglect cannot be sound. TRUE/FALSE
8. The proposition 'You are guilty of base rate neglect' is analytic. TRUE/FALSE
9. Todd thinks his odds of finishing his doctorate are 50%. Upon learning that the dropout rate is 50%, Todd doesn't change his estimate. He is guilty of base rate neglect. TRUE/FALSE
10. If I use a plagiarism detector that is accurate 99% of the time when used on cheaters, we could rightly infer that if the test says you cheated, there's a 99% chance that you did. TRUE/FALSE
Ans. 6
The statement is true.
Ans. 7
The statement is not true.
Ans. 8
True statement.
Ans. 9
True
Ans. 10
The statement is false.
Note- the rate of neglect is a common tendency to judge, things without maintaining clear analytics.
8 part 2 6. I can either be right or wrong. Thus, there is a 50% chance...
1. When it comes to financial matters, the views of Aristotle can be stated as: a. usury is nature’s way of helping each other. b. the fact that money is barren makes it the ideal medium of exchange. c. charging interest is immoral because money is not productive. d. when you lend money, it grows more money. e. interest is too high if it can’t be paid back. 2. Since 2008, when the monetary base was about $800 billion,...