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The phrase " correlation does not imply causation " refers to the inability to legitimately deduce a cause-and-effect relationship between two events or variables solely on the basis of an observed association or correlation between them. [1][2] The idea that "correlation implies causation" is an example of a questionable-cause logical fallacy ...
List of paradoxes. Outline of public relations – Overview of and topical guide to public relations. Map–territory relation – Relationship between an object and a representation of that object (confusing map with territory, menu with meal) Mathematical fallacy – Certain type of mistaken proof.
To attack the P = NP question, the concept of NP-completeness is very useful. NP-complete problems are problems that any other NP problem is reducible to in polynomial time and whose solution is still verifiable in polynomial time. That is, any NP problem can be transformed into any NP-complete problem. Informally, an NP-complete problem is an ...
Another mistake that can be harmful to those with poor credit is to apply for too many credit cards within too tight of a window. “Applying for numerous credit cards within a short period can ...
In statistical hypothesis testing, a type I error, or a false positive, is the rejection of the null hypothesis when it is actually true. For example, an innocent person may be convicted. A type II error, or a false negative, is the failure to reject a null hypothesis that is actually false. For example: a guilty person may be not convicted.
One way to avoid overpaying in the future is by enabling autopay on your credit card bill. Many of today’s top credit cards offer this feature, which allows you to set up an automatic payment ...
Confirmation bias (also confirmatory bias, myside bias, [ a ] or congeniality bias[ 2 ]) is the tendency to search for, interpret, favor, and recall information in a way that confirms or supports one's prior beliefs or values. [ 3 ] People display this bias when they select information that supports their views, ignoring contrary information ...
Identity theft deliberately uses someone else's identity as a method to gain financial advantages or obtain credit and other benefits. [ 2 ][ 3 ] The person whose identity has been stolen may suffer adverse consequences, [ 4 ] especially if they are falsely held responsible for the perpetrator's actions.
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