(Solved): Question1 1) The statement "Update Your Priors" on T-shirts worn in Silicon Valley signifies: ...

Question1

1) The statement "Update Your Priors" on T-shirts worn in Silicon Valley signifies:

1. The need to constantly reassess your beliefs and assumptions.
2. commitment to the Bayesian approach to thinking.
3. A criticism of outdated ways of thinking.
4. Both A and B.

Question 2

In Ivan Turgenev's "Fathers and Sons," the student Bazarov is portrayed as:

1. Irrational
2. Excessively rational
3. Overly emotional
4. Highly illogical

Question 3

According to the author, why is rationality important in the current era?

1. Because rational people are wealthier
2. Because rational people are wealthier than irrational ones.
3. Because rational people are inherently better than irrational ones.
4. Because in a fast-changing world, rationality helps understand the world better.

Question 4

According to the author, being rational:

1. Always leads to prompt and decisive action.
2. Necessarily eliminates emotional considerations.

C)Does not guarantee the ablty to act decisively in real world situations.

D)Is incompatible with being emotionally driven.

Question 5

What does Bayesian reasoning suggest as best practices? a)Prioritize alarming news over all other information.

b)Ignore new data points if they contradict baseline assumptions.

1. Start with the big picture and be cautious when integrating new information.
2. Jump to conclusions as soon as new information is received.