A Percentage or Decimal Value That Indicates the Long-Run Probability

question 89

Short Answer

A percentage or decimal value that indicates the long-run probability that the results will be correct is known as the __________ _____.

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Definitions:

Logical Thinking

The process of using a rational, systematic series of steps to come to conclusions.

Thinking Intuitively

The process of making judgments and solving problems based on instincts and feelings rather than explicit reasoning or analysis.

Comforting Prejudices

Prejudiced beliefs that provide comfort by reinforcing existing opinions or societal norms.

Inductive Reasoning

A rational procedure that merges several assumptions, considered true or frequently proven true, to arrive at a particular inference.