Do Subjects Understand Base Rates ?

  title={Do Subjects Understand Base Rates ?},
  author={Gernot D. Kleiter and Marianne KrebsDepartment and Hugh Garavan and Randall Chadwick},
Investigations of the degree to which people neglect or use base rates typically require subjects to make a judgment based on presumptive integrations of base rates and likelihood ratios. The present paper deals with a logically prior issue, whether people understand what data are needed to constitute a proper base rate. The method, which we will call the Partial Information Paradigm, has subjects select data relevant to, for example, diagnosis of a disease, D, based on a symptom, S. The… CONTINUE READING