Questions: 1. Rick Santorum, a candidate for the 2012 Republican nomination, claimed that “62 percent of kids who go into college with a faith commitment leave without it.” [Source: http://bit.ly/A77XED] What is being explicitly compared here? Is it a longitudinal or cross-sectional comparison? If 62 percent is the “part”, what is the “whole”? 2. Of [...]
Lessons & Questions on: B
Beware the Base Rate
Does the sign above tell you whether you are more likely to drown if you are not wearing a life jacket? Think about it a bit. Derek Bruff, the mathematician who took this picture, points out the sign doesn’t tell you anything unless you know what percentage of people wear lifejackets on the lake. Imagine [...]
Question: Corporate Psychopathy
In a widely reported study, psychologists found the following: In this study, we had a unique opportunity to examine psychopathy and its correlates in a sample of 203 corporate professionals selected by their companies to participate in management development programs. The correlates included demographic and status variables, as well as in-house 360° assessments and performance [...]
Activity: Better Coffee Deal?
You walk into a Starbucks and see two deals for a cup of coffee. The first deal offers 33% extra coffee. The second takes 33% off the regular price. What’s the better deal? 1) 33% off! 2) 33% extra! 3) They are the same Remember: If not sure, DO A MENTAL EXPERIMENT. Plug in some [...]
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