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- Part of why an individual decides to “give up” when faced with “impossible” odds is not because the odds are actually impossible to overcome. As any good statistician can tell you, odds are formulated guesses founded on a variety of factors. Those factors are not always representative of the truth.
www.psychologytoday.com/us/blog/survive-anything/201903/beating-the-odds
Mar 3, 2019 · Ever wonder how some people always seem to beat the odds? It's not just luck. Anyone can learn how to turn possibility into probability.
Dec 28, 2011 · The idea that the relationship between value and losses/gains is nonlinear — or put more simply, that “losses loom larger than gains” — is important for decisions involving risks, and opens the door for framing effects, in which the context and phrasing of a problem can influence a person’s choice.
- Eric Wargo
- 2011
The bias from conjunction fallacy is a common reasoning error in which we believe that two events happening in conjunction is more probable than one of those events happening alone. Here’s why this happens and how we can overcome the fallacy. ***
Jul 31, 2023 · In psychology, random assignment refers to the practice of allocating participants to different experimental groups in a study in a completely unbiased way, ensuring each participant has an equal chance of being assigned to any group.
An odds ratio (OR) is a measure of association between an exposure and an outcome. The OR represents the odds that an outcome will occur given a particular exposure, compared to the odds of the outcome occurring in the absence of that exposure.
- Magdalena Szumilas
- 2010/08
- 2010
Facing impossible odds, yet consistently beating those odds, is not about luck: It’s about skill. Skill isn’t a talent you’re born with; it’s teachable. Anyone can learn it.
3 days ago · psychology, scientific discipline that studies mental states and processes and behaviour in humans and other animals. The discipline of psychology is broadly divisible into two parts: a large profession of practitioners and a smaller but growing science of mind, brain, and social behaviour.
