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Humans are the smartest beings on earth but have you ever thought that human has biases that may…

  • The Bayesian Technique is a method that can be used to address biases in decision-making.
  • The technique involves considering the prior probability, likelihood, and total probability to make an informed decision.
  • For example, when determining whether Steve is more likely to be a librarian or a farmer based on his personality traits, the base rate plays a significant role.
  • Although people may have a bias toward labeling Steve as a librarian due to representativeness heuristic, the base rate of farmers outweighs the likelihood of librarians having those traits.

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