Inferring uncertainty from interval estimates: Effects of alpha level and numeracy
Interval estimates are commonly used to descriptively communicate the degree of uncertainty in numerical values. Conventionally, low alpha levels (e.g., .05) ensure a high probability of capturing the target value between interval endpoints. Here, we test whether alpha levels and individual differen...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Society for Judgment and Decision Making
2013-05-01
|
Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/12/12918/jdm12918.pdf |