Relation

Domain specificity and intuitive understanding of sampling effects

Kahneman and Tversky in 1971, conducted a study to assess the intuitive understanding of sampling affects among statisticians. After asking the statisticians:

  • There are two hospitals, one large and one small. 60% of the babies born in one of the hospitals on a specific day happened to be a boy. Which hospital was it likely to be?

During a causal conversation, most statisticians answered wrong and chose the large hospital. This is despite the fact a basic idea in statistics is that small sample sizes are likely to be variable. The context the idea was expressed in caused errors among "experts" in the discipline.

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Updated 2020-07-22

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Behavioral Economics

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