The importance of understanding conditional probability. Or, another example of how a little information can be a dangerous thing.
Archive for September, 2010
Posted by Ming Ling on September 23, 2010
Posted by Ming Ling on September 20, 2010
More interesting resources for those who enjoy cognitive science, judgment and decisionmaking, and/or behavioral economics.
In this TED Talk, Dan Ariely asks, “Are we in control of our own decisions?”
Behavioral economist Dan Ariely, the author of Predictably Irrational, uses classic visual illusions and his own counterintuitive (and sometimes shocking) research findings to show how we’re not as rational as we think when we make decisions.
Posted by Ming Ling on September 14, 2010
For anyone out there who teaches (or enjoys thinking and learning about) cognitive psychology or statistics, here’s an entertaining explanation of “The Texas Sharpshooter Fallacy“.