lbn 974 is the denomination in the ngc series that is predominantly blue in color.
lbn 974 is the denomination in the ngc series that is predominantly blue in color.
what denomination in the ngc series is predominantly blue in color?
lbn 974
Na
Na
bayesian reasoning is a form of statistical inference that relies on bayes' rule to make probability prediction based on given information. in bayesian updating, people use prior probabilities to make estimates, and then gradually change these probabilities as they gain more information. bayesian inference is often used by psychologists to determine whether subjects who exhibit the false-consensus effect have a rational thought process. to understand bayes' rule, consider an example from an experiment by kreuger and clement: there is an urn with 100 chips, some blue and some red, and then subjects are told that the first chip drawn from the urn is blue. subjects are asked to estimate the probability that the urn contains predominantly blue chips. using bayes' rule, the probability that a blue chip is drawn given that the urn contains predominantly blue chips is equal to the probability of the urn being predominantly blue multiplied by the probability of the urn being predominantly blue given that a blue chip was drawn, all divided by the probability that the urn is predominantly blue. most participants overestimated the requested probability. data shows that subjects tend not to pay attention to sample size when making probability predictions. for example, although it has statistically been proven by the law of large numbers that larger samples have less variability, people tend to claim that large and small samples have the same amount of variability. studies like the urn experiment above provide evidence that the false-consensus effect is not entirely rational, and that egocentric viewpoints tend to be predominant.
egocentric bias