ECON 116 Lecture Notes - Lecture 49: Data Analysis, The Foundations, Dependent And Independent Variables

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28 May 2020
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You know that some of the things you know are not true. Scientist have certain criteria that must be bet before something is accepted as reality: logical, empirical. Probabilistic: if you study hard for an exam you will have good grades. Another way to learn is the agreed-on knowledge that other gives us. Inner cultural knowledge that everybody accepts as true. Pro: you could not learn everything by yourself. Contra: if you have a new understanding of something that everybody knows . You believe people who are experts on their field more than people who aren"t. Example: biologists still make mistakes in their field you may be marked as a fool. We tend to overgeneralize on the basis of limited observation. Replication : repeating the observation to see if you get to the same results. You may focus on objects that seems important to you and miss some others.

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