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A subdivision is planned for forty houses, each with its own in-ground swimming pool. A contractor estimates it will take him 30 hours to build the first pool and that there is a 90% learning curve associated with this process. How long will it take to build the last pool?
Confirmation Bias
The tendency to search for, interpret, and remember information in a way that confirms one's preconceptions, leading to statistical errors.
System I
A term often used to describe intuitive, fast, and automatic thinking processes, as opposed to more deliberate and analytical decision-making.
System II
A term often used to describe slow, deliberate, and analytical thought processes in dual-process theories of cognition.
System I
Often referred to as "System 1," it is the fast, automatic, intuitive approach of the human brain to decision-making.
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