Base Rate Fallacy

One concept. Four tiers of command. Which do you speak?

Category: Logic

Foundational Lexiconignoring odds
Executive Parlanceprior probability neglect
Scholarly Discoursebase rate neglect
Babel ZenithBase Rate Fallacy
Origin: Statistics

Etymology & Meaning

Ignoring prior probability when judging likelihood.

In the Boardroom

Thinking a positive test means you have the disease.

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