OVERCONFIDENCE KEEP THE ACTIVITIES ROLLING. OVERCONFIDENCE The tendency to be more confident than...
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Transcript of OVERCONFIDENCE KEEP THE ACTIVITIES ROLLING. OVERCONFIDENCE The tendency to be more confident than...
![Page 1: OVERCONFIDENCE KEEP THE ACTIVITIES ROLLING. OVERCONFIDENCE The tendency to be more confident than correct—to overestimate the accuracy of our beliefs.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c00b1a28abf838cc8084/html5/thumbnails/1.jpg)
OVERCONFIDENCE
KEEP THE ACTIVITIES ROLLING
![Page 2: OVERCONFIDENCE KEEP THE ACTIVITIES ROLLING. OVERCONFIDENCE The tendency to be more confident than correct—to overestimate the accuracy of our beliefs.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c00b1a28abf838cc8084/html5/thumbnails/2.jpg)
OVERCONFIDENCE
The tendency to be more confident than correct—to overestimate the accuracy of our beliefs and judgements
![Page 3: OVERCONFIDENCE KEEP THE ACTIVITIES ROLLING. OVERCONFIDENCE The tendency to be more confident than correct—to overestimate the accuracy of our beliefs.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c00b1a28abf838cc8084/html5/thumbnails/3.jpg)
For each of the following questions, answer in terms of a range within which you expect the correct answer will almost certainly fall. Given a 98% confidence level, if you give answers between 100 and 200, for example, this would mean you think there is only a 2 percent chance that the real answer is either less than 100 or more than 200.
![Page 4: OVERCONFIDENCE KEEP THE ACTIVITIES ROLLING. OVERCONFIDENCE The tendency to be more confident than correct—to overestimate the accuracy of our beliefs.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c00b1a28abf838cc8084/html5/thumbnails/4.jpg)
1) I feel 98% certain that the area of the US is more than _____ square miles but less than _____ square miles.
2) I feel 98% certain that in 2007 the population of Australia was more than _____ but less than _____.
3) I feel 98% certain that the number of American battle deaths in the Spanish-American War was more than _____ but less than _____.
4) I feel 98% certain that in 2005 the number of female psychiatrists in the United States was more than _____ but less than _____.
5) I feel 98% certain that in 2007 the number of operating nuclear plants in the world was more than _____ but less than _____.
![Page 5: OVERCONFIDENCE KEEP THE ACTIVITIES ROLLING. OVERCONFIDENCE The tendency to be more confident than correct—to overestimate the accuracy of our beliefs.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c00b1a28abf838cc8084/html5/thumbnails/5.jpg)
ANSWERS
1. 3.6 million miles2. 20.4 million people3. 385 deaths4. 13,079 female psychiatrists5. 435 nuclear plants