When asked to guess whether Mark is from Montana or California, you guess California because more people live in California. You have used "base rate information" in making your decision.
<h3>What is Base Rate in Psychology?</h3>
Base rate is the frequency of a phenomenon that naturally occurs in a population. Using base rate information, rational decisions are made taking into account the general occurrence in a larger population in favour of the specific incidence in a particular case.
Effects of base rate information are-
- Base rate fallacy, as used in behavioural finance, is the propensity for people to incorrectly assess the likelihood of a situation by ignoring all pertinent information.
- Investors may instead place a greater emphasis on recent information without taking into account how this affects their initial hypotheses.
To know more about the characteristics of an annual percentage rate, here
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Answer:b. After three generations of breeding the smallest dogs, the average size of pups in a litter decreases by 3 pounds. -- Evolution
Explanation:Evolution refers to changes in inherited traits which occurs over successive generations.
These are genetical traits which are passed from parents to offsprings.
It may be due to mutation or combination of genes that causes genetical variations over time.
It is also driven by natural selection in which subjects with resistant genes stay long and have these passed from generation to generation or resulting to some genes being eliminated.
Answer:
this is not confirmed answer but i think the. answer is 4
Answer:
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