Exam (elaborations)
Data Literacy NYU Week 2 Lectures + Readings Questions and Answers 100% Solved
- Course
- Institution
Data Literacy NYU Week 2 Lectures + Readings
[Show more]
Content preview
Data Literacy NYU Week 2 Lectures +Readings
Aristotle on choice - answer Rational choice is an instrument for eudaimonia (living well)
You have desire, apply logic and deliberation, and make a choice
Scientific study of judgement and decision making - answer Very prolific and broad field
application e.g. to corporate, legal, medical
Has produced only a Nobel prize for a psychologist (D. Kahneman)
Dual-process model - answer System 1 (Thinking fast)
System 2 (Thinking slow)
System 1 - answer Unconscious
Automatic
Based on experiences
Heuristic, subject to emotions and stereotypes
Cognitive biases mostly associated with system 1
System 2 - answerConscious
Controlled
Based on consequences
Logical and systematic
Always good to make sure you know ______ as a baseline (opposed to just ratios) -
answerAbsolute number
Error: decision that ... - answer"objectively doesn't make sense"
Cognitive bias - answersystematic deviation from rational/optimal thinking
Educated, intelligent people are sometimes ________ - answerinnumerate
Being data literate means being ... - answeraware of biases and trying to ignore them
Misperceptions of chance - answerMisunderstanding of independence in random events
Probability of compound events P (A and B) = P(A) x P(B); dependent events P(A and
B) = P(A) x P(B|A - b given a)
People expect average pattern of 50/50 to show up in local events not just globally
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller julianah420. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
