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Which of the Following Best Summarizes the Effects of Numerical

question 13

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Which of the following best summarizes the effects of numerical ability on judgements from data (Kahan,Peters,Dawson,Slovic,2017) ?


Definitions:

Moore's Law

The observation that the number of transistors on a microchip doubles approximately every two years, leading to an exponential increase in computing power.

Metcalf's Law

Metcalfe's Law states that the value of a telecommunications network is proportional to the square of the number of connected users of the system, emphasizing the exponential value increase with more users.

Technology Sea Change

A significant and fundamental transformation in technology that leads to wide-reaching changes in society or industry.

Customer Acquisition Costs

The expense associated with convincing a consumer to buy your product or service, including research, marketing, and advertising costs.

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