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Gigerenzer, Gerd; Hoffrage, Ulrich – Psychological Review, 1995
It is shown that Bayesian algorithms are computationally simpler in frequency formats than in the probability formats used in previous research. Analysis of several thousand solutions to Bayesian problems showed that when information was presented in frequency formats, statistically naive participants derived up to 50% of inferences by Bayesian…
Descriptors: Algorithms, Bayesian Statistics, Computation, Estimation (Mathematics)