With respect to the probabilistic judgement model the true statement is:
A)Research suggests that while the model is logical,humans do not appear to apply statistics intuitively
B)The revised probability in light of additional evidence = the original belief multiplied by the amount by which prior expectations should be revised
C)It is normatively correct to revise your initial beliefs by applying Bayes's theorem
D)All of the above are true

Question

Quizplus · Accepted Answer

All the statements mentioned are true with respect to the probabilistic judgement model. Research suggests that humans do not apply statistics intuitively even if the model is logical. The revised probability in light of additional evidence can be calculated by multiplying the original belief with the degree by which the prior expectations should be revised. It is also normatively correct to revise initial beliefs by applying Bayes's theorem.

With Respect to the Probabilistic Judgement Model the True Statement