This topic contains a solution. Click here to go to the answer

Author Question: Each day a weather forecaster gives a certain prediction of rain. How can you use these predictions ... (Read 44 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
Each day a weather forecaster gives a certain prediction of rain. How can you use these predictions to see if his/her probabilities are well calibrated? Assume you have the following data recorded for each day: what chance of rain was forecasted, and whether or not it actually rained that day.

Question 2

Which of the following applies to the problem of overconfidence in personal probability assessment?
 a. Research shows that the more confident people are that they are right, the more the true proportion of correct answers falls below the perceived probability of being right.
  b. One way to help eliminate overconfidence is to get people to consider reasons why they might be wrong.
  c. When people venture a guess about something for which they are uncertain, they tend to overestimate the probability that they are correct.
  d. All of the above.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jxjsniuniu

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

OF THE TIMES HE/SHE GAVE A 30 CHANCE OF RAIN, IT SHOULD HAVE RAINED 30 OF THE TIME, ETC. NOTE: THIS IS MORE DETAILED THAN JUST DETERMINING THE PERCENTAGE OF TIMES HE/SHE WAS CORRECT OVERALL.

Answer to Question 2

D




james9437

  • Member
  • Posts: 568
Reply 2 on: Jul 24, 2018
Thanks for the timely response, appreciate it


bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

For a complete list of videos, visit our video library