Base rate fallacy

(statistics) the tendency, when making judgments of the probability with which an event will occur, to ignore the base rate and to concentrate on other information

Read Also:

  • Base runner

    a player of the team at bat who is on base or is trying to run from one base to another. Historical Examples After making his first base, and thereby becoming a “base runner,” he is liable to be put out as follows. Every Boy’s Book: A Complete Encyclopdia of Sports and Amusements Various But […]

  • Base station

    a unit functioning as a transmitter and receiver of broadcasting or other signals, as in connection with a CB radio or mobile phone. Contemporary Examples FitBark, available for preorder ($69 for one device, $109 for one device and a base station), is more of a community device. Fitness Gadgets … for Your Dog Megan Humphreys […]

  • Base tenant

    a tenant of a base estate.

  • Base unit

    one of the units, as mass, length, time, or electric current, taken as a basis for a system of units in the sciences. noun (physics) any of the fundamental units in a system of measurement. The base SI units are the metre, kilogram, second, ampere, kelvin, candela, and mole base unit n. Any of the […]

  • Baseline

    Baseball. the area between bases within which a base runner must keep when running from one base to another. Tennis. the line at each end of a tennis court, parallel to the net, that marks the in-bounds limit of play. (in perspective drawing) a horizontal line in the immediate foreground formed by the intersection of […]

Disclaimer: Base rate fallacy definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.