You are asked to rate how likely it is that a student, Steve, will pass an upcoming exam. You are told that, in the past, the "pass" rate for this exam is 30%. Which of the following statements about your rating is MOST LIKELY to be true? You will:

Question

Quizplus · Accepted Answer

Using base rate information is important in making accurate predictions, so it is likely that the rater will use the 30% pass rate as a starting point for their evaluation of Steve's likelihood of passing the exam.

You Are Asked to Rate How Likely It Is That