Table 7.
Results of the exploratory factor analysis for the three tests.
Factor 1 | Factor 2 | Factor 3 | Communalities | ||
---|---|---|---|---|---|
Test 1 | Conjunction fallacy | 0.03 | 0.03 | −0.49 | 0.24 |
Base-rate neglect | 0.48 | −0.08 | 0.19 | 0.3 | |
Covariation detection | 0.07 | 0.03 | 0.69 | 0.5 | |
Insensitivity to sample size | −0.48 | 0.07 | 0.16 | 0.22 | |
Gambler's fallacy | 0.94 | 0.06 | 0.05 | 0.93 | |
Framing effect | 0.08 | 0.99 | 0.02 | 0.99 | |
Sunk cost fallacy | 0.30 | 0.04 | −0.06 | 0.09 | |
Test 2 | Conjunction fallacy | −0.24 | 0.06 | 0.5 | 0.18 |
Base-rate neglect | −0.04 | −0.03 | 0.54 | 0.26 | |
Covariation detection | 0.59 | −0.23 | 0.08 | 0.45 | |
Insensitivity to sample size | −0.42 | −0.1 | −0.13 | 0.27 | |
Gambler's fallacy | 0.85 | 0.12 | −0.17 | 0.6 | |
Framing effect | 0.04 | 0.99 | 0.02 | 0.99 | |
Sunk cost fallacy | 0.3 | 0.03 | 0.35 | 0.33 | |
Test 3 | Conjunction fallacy | 0.46 | −0.19 | 0.48 | 0.57 |
Base-rate neglect | −0.46 | 0.16 | 0.98 | 0.99 | |
Covariation detection | −0.02 | 0.09 | 0.15 | 0.03 | |
Insensitivity to sample size | 0.84 | −0.02 | 0.13 | 0.69 | |
Gambler's fallacy | 0.55 | −0.28 | 0.13 | 0.39 | |
Framing effect | −0.06 | 1.00 | 0.11 | 0.99 | |
Sunk cost fallacy | 0.05 | 0.07 | −0.39 | 0.18 |
Factor loadings of 0.3 and above are marked with bold. Factors with one item loading are presented only for demonstrative purposes.