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Base Rate Fallacy - Explained

What is Base Rate Fallacy?

Written by Jason Gordon

Updated at April 8th, 2022

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Table of Contents

What is Base Rate Fallacy?Academics Research on Base Rate Fallacy

What is Base Rate Fallacy?

Base rate fallacy is a type of error that occurs when relevant data or commonly-understood (statistically relevant) information about a subject matter (base rate) is neglected or ignored in favor of new information.

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