Base Rate Fallacy : Statistical Paradox
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YouTube3-Minute Explanation
Base Rate Fallacy : Statistical Paradox
The base rate fallacy, also called base rate bias, indicates the fact that people usually focus on the special information, and ignore the base rate information which will be happening in a large percentage of samples. For example, there are two groups of people. There are 10 people in the first group and 90% of them can play piano. There are ...
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Base Rate Fallacy Examples
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