How people use statistics
We document two new facts about the distributions of answers in famous statistical problems: they are i) multi-modal and ii) unstable with respect to irrelevant changes in the problem. We offer a model in which, when solving a problem, people represent each hypothesis by attending “bottom up” to its...
Main Authors: | Bordalo, P, Conlon, JJ, Gennaioli, N, Kwon, S, Shleifer, A |
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Format: | Journal article |
Language: | English |
Published: |
Elsevier
2023
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