Examlex
The difference between high and low tide in an area is strongly affected by ____.
Base Rates
Base rates refer to the prevalence or general incidence of a characteristic or condition within a specified population or sample.
Autumn
A season of the year occurring as the transition from summer to winter, characterized by cooler temperatures and the shedding of leaves from deciduous trees.
Ignoring Base Rates
A cognitive bias in which people underutilize or disregard the general prevalence of an event or characteristic within a population when making probabilistic judgments.
Successful Restaurant
A dining establishment that flourishes through effective management, quality food, excellent service, and a satisfied customer base.
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