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Tal, Yael; Kukliansky, Ida – Journal of Statistics Education, 2020
The aim of this study is to explore the judgments and reasoning in probabilistic tasks that require comparing two probabilities either with or without introducing an additional degree of uncertainty. The reasoning associated with the task having an additional condition of uncertainty has not been discussed in previous studies. The 66 undergraduate…
Descriptors: Undergraduate Students, Comparative Analysis, Statistics, Probability

DeSarbo, Wayne S.; And Others – Psychometrika, 1996
A stochastic multidimensional unfolding (MDU) procedure is presented to represent individual differences in phased or sequential decision processes spatially. A Monte Carlo analysis demonstrates estimation proficiency and the appropriateness of the proposed model selection heuristic, and an application to capture awareness, consideration, and…
Descriptors: Cognitive Processes, Consumer Economics, Decision Making, Estimation (Mathematics)