Table 5.
Random-effects probit regressions on correct answers to decision-bias questions.
| Correct answer | BRN1 | BRN2 | BRN3 | Conj. fall. | Ratio bias |
|---|---|---|---|---|---|
| Classic CRT | 0.535 | −0.025 | 0.320** | 0.379*** | 0.513*** |
| (0.764) | (0.109) | (0.144) | (0.113) | (0.161) | |
| CRT2 | 0.708 | 0.211 | 0.401* | −0.113 | −0.138 |
| (1.112) | (0.165) | (0.216) | (0.169) | (0.237) | |
| Faith in intuition | 0.198 | 0.133* | 0.036 | 0.070 | 0.088 |
| (0.508) | (0.069) | (0.085) | (0.070) | (0.102) | |
| Need for cognition | 0.246 | −0.035 | 0.102 | −0.054 | −0.144 |
| (0.543) | (0.083) | (0.102) | (0.081) | (0.117) | |
| Observations | 158 | 158 | 158 | 158 | 158 |
Correct Answer refers to the conflict version of the respective questions. BRN1-3 indicate the three base-rate-neglect problems. Standard errors (in parentheses) are (conservatively) clustered at the level of counterbalance condition (question order).
*
p < 0.1,
**
p < 0.05,
***
p < 0.01.