Lecture 1 Flashcards
(6 cards)
Availability Heuristic
A mental shortcut strategy for judging the likelihood of an event or situation occurring based on how easily we can think of similar or relevant
Representative Heuristic
A mental shortcut strategy for deciding the likelihood of an event based on how much it resembles what we consider to be a “typical” example of that event
Law of Small Numbers
Small sample size leads to extreme results
Problem with Outliers
Non-representative data points
Scientific Method
Rules for systematic analysis that help us avoid the natural flaws in thinking
Hallmarks of a good scientist
Skepticism
Open-mindedness
Objectivity
Communication
Empiricism: the systematic use of observations and measurements
Creativity