Question
What is the base rate fallacy? Select one: a. The fallacy of miscalculating the base-rate of a kind of event, when assessing the probability of
What is the base rate fallacy?
Select one:
a. The fallacy of miscalculating the base-rate of a kind of event, when assessing the probability of a particular instance of that event conditional on some other event.
b. The fallacy of neglecting the base-rate of a kind of event when assessing the probability of a particular instance of that event.
c. The fallacy of neglecting the base-rate of a kind of event when assessing the probability of a particular instance of some other kind of event conditional on the first kind of event.
d. The fallacy of neglecting the conditional probability of a kind of event conditional on some other event when calculating the base rate of the first kind of event.
e. The fallacy of neglecting the base-rate of a kind of event when assessing the probability of a particular instance of that event conditional on some other event.
[4/7, 08:49] Kiprutoh: Suppose the probability of snow is 20%, and the probability of a traffic accident is 10%. Suppose further that the conditional probability of an accident, given that it snows, is 40%. What is the conditional probability that it snows, given that there is an accident? I am not sure how to solve this, could you please provide me with guidance and steps.
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