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We Tend to Underestimate the Variability Among Members of a Category

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We tend to underestimate the variability among members of a category.


Definitions:

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1.

Sample Space

The complete set of all possible outcomes of a random experiment or the entire range of values that a random variable can assume.

Possible Outcomes

The set of all possible results that can occur from a particular experiment or event.

Experiment

An experiment is a controlled study in which variables are manipulated to determine their effects on other variables.

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