Acording to Tversky and Kahneman (1971), many researchers mistakenly believe that small samples are as representative of an underlying population as large samples.What do they refer to this as?
A)Belief in the law of large numbers.
B)Belief in the law of small numbers.
C)Belief in the law of large samples.
D)Belief in the law of small samples.
E)The inferential fallacy.

Question

Quizplus · Accepted Answer

Tversky and Kahneman (1971) refer to this belief as the "law of small numbers," which is the mistaken assumption that small samples will behave like larger samples and be representative of the population. This can lead to inaccurate conclusions and generalizations.

Acording to Tversky and Kahneman (1971), Many Researchers Mistakenly Believe