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Showing posts with the label hypothesis

Just my thoughts #0309

Addiction arises from the allure of immediate rewards. These instant gratifications clearly activate our brains, attracting those who favor such rewards. They play a critical role in shaping human activities and contributing to addiction. For example, if a student struggling to focus notices immediate improvements after studying for just a little while, they are likely to keep studying diligently. Similarly, if stock investors can confirm the traded stock price a month or a year later during their transactions, they may lose interest in trading. The timing of rewards greatly influences human interactions and societal structures. - Joseph’s “just my thoughts”

Just my thoughts #0278

The social scientist’s method of confirming the facts is first to verify the beta error (Type II error) and then the alpha error (Type I error) before accepting the hypothesis as true. In other words, if the probability is less than 5% after focusing on the likelihood of accepting a false hypothesis as true (Type II error), then we risk rejecting a true hypothesis (Type I error) as false. It’s a conservative position that new information will be accepted only when the probability of being wrong is very small. This verification method is helpful if you don’t want to be swayed by conspiracy theories. - Joseph’s “just my thoughts”