"Bob Must Be Rich

question 26

Multiple Choice

"Bob must be rich. He's a lawyer, and lawyers make lots of money." This statement best illustrates which fallacy?

• A)Using poor survey methods
• B)Confusing significance with importance
• C)Unconscious bias
• D)Generalizing from an average to an individual

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Definitions:

Total Variability

The overall measure of dispersion or spread in a dataset, indicating how much the data points differ from the average value.

Independent Variables

Variables in an experiment or study that are manipulated or controlled by the researcher to investigate their effects on dependent variables.

Dependent Variable

The factor in a study or experiment that is anticipated to vary as a result of alterations in the independent variable.

Explained Variation

The portion of the total variation in a dataset that is accounted for by the model's predictions.