The Prediction of Dangerousness Is Particularly Difficult Because It Happens

question 31

Multiple Choice

The prediction of dangerousness is particularly difficult because it happens so infrequently.This phenomenon is known as _____.

• A) the Daubert standard
• B) the base rate problem
• C) voir dire
• D) none of the above

Describe the effects of task difficulty and success/failure on attributions.

Recognize common biases in attribution, including the false consensus effect.

Understand the concept of linear relationships between two variables.

Identify and interpret scatter diagrams, including the direction and strength of a relationship.

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Definitions:

Data Mine

The process of analyzing large sets of data to discover patterns and insights that can inform decision-making.

Percentage Markup

A pricing method where a specific percentage is added to the cost of a product to determine its selling price.

Average Price

Average price is a calculation that sums up the cost of multiple items or services and divides by the number of units to find the mean cost.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials, labor, and manufacturing overhead.