Examlex
In a first-order model with two predictors x1 and x2,an interaction term may be used when the:
Conjunction Fallacy
A logical error where individuals incorrectly believe that specific conditions are more probable than a single general one.
Probabilities
The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates an impossibility and 1 indicates certainty.
Uncertain Events
Situations or occurrences with an unpredictable outcome due to a lack of information or inherent variability.
Isolated Cases
Instances or occurrences that are distinct from and not representative of the general situation or condition.
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