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Compare and Contrast System 1 and System 2 Reasoning

question 52

Essay

Compare and contrast System 1 and System 2 reasoning. Include in your discussion the benefits and drawbacks to each system, the instances in which each system would be used, and how changing the data format can lead to changes in use.


Definitions:

Normal Distribution

This is a probability distribution characterized by symmetry around the mean, where occurrences are more common near the mean than far from it.

Symmetrical

A shape or distribution that is mirrored and balanced on both sides of a central point.

Standard Normal Distribution

A type of normal distribution where the mean is 0 and the standard deviation is 1.

Mean

The arithmetic average of a set of numbers, calculated by adding up all the values and dividing by the count of numbers.

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