Which of the following best describes the base rate fallacy?
A) the tendency to treat chance events as though they have a built-in, evening-out mechanism
B) the tendency of people to continue to believe that something is true even when it is revealed to be false or has been disproved
C) the tendency to infer an unwarranted causal relationship between two events that are unrelated
D) the tendency of people to discount valid information and choose to concentrate on other information

Question

Quizplus · Accepted Answer

The base rate fallacy occurs when people ignore or undervalue the base (or general) rate of an occurrence in favor of specific information, which leads to incorrect conclusions or decisions. This is a form of ignoring valid, statistical, general information in favor of individual specifics or narratives.

Which of the Following Best Describes the Base Rate Fallacy