THE IMPORTANCE OF THE DATA-GENERATING MODEL IN PROBABILITY ESTIMATION,
Abstract
When subjects appear to do poorly in a complex probability estimation task, they may be making careful estimates based on a different data-generating model than the one used by the experimenters. Eleven subjects estimated for 150 trials the probability that a dropped 'bomb' had been aimed at one of two cities. Correlations between subjects' estimates and probabilities generated by the correct, circular normal model and by a simple, incorrect ratio of distances model showed six subjects using the wrong model with great accuracy. The usual analysis of such data, in which a possible confusion about the data-generation model is disregarded, would have led to the misleading conclusion that these subjects were very inaccurate at the task. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1967
- Accession Number
- AD0651108
Entities
People
- George J. Fenney
- Sarah Lichtenstein
Organizations
- RAND Corporation