QuestionJuly 10, 2025

The speaker describes how individuals overestimate their understanding simply because experts exist who understand a concept. What does this illustrate? Cognitive economy The law of large numbers D Contagious understanding Base rate neglect

The speaker describes how individuals overestimate their understanding simply because experts exist who understand a concept. What does this illustrate? Cognitive economy The law of large numbers D Contagious understanding Base rate neglect
The speaker describes how individuals overestimate their understanding simply
because experts exist who understand a concept. What does this illustrate?
Cognitive economy
The law of large numbers
D Contagious understanding
Base rate neglect

Solution
4.6(267 votes)

Answer

Base rate neglect Explanation This scenario illustrates "base rate neglect," where individuals ignore the actual prevalence of expert knowledge and overestimate their own understanding based on the presence of experts. This cognitive bias leads to an inflated sense of comprehension.

Explanation

This scenario illustrates "base rate neglect," where individuals ignore the actual prevalence of expert knowledge and overestimate their own understanding based on the presence of experts. This cognitive bias leads to an inflated sense of comprehension.
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