Part I. True or False (2 pts. Each)
1. Inductive arguments always infer a universal statement from a set of particular statements.
2. Inductive arguments are evaluated as either valid or weak.
3. The conclusion of an inductive argument follows probabilistically from the premises.
4. An inductive argument is weak if the truth of the premises does not increase the likelihood of the conclusion.
5. An inductive argument is strong if the conclusion is likely to be true given that the premises are true.
6. Statistical generalizations can be strong regardless of whether the sample is randomized.
7. It is important for an inference to the best explanation to be falsifiable.
8. The probability of a disjunction is calculated using multiplication.
9. The probability of two events occurring together is calculated using addition.
10. The expected monetary value of an outcome, unlike the overall value of an outcome, does not depend on an individual’s values and preferences.
Part II. Matching. Problems 1-5 display the right side of equations that you should be familiar with. Match them with what they represent from the word bank below. (3 pts. Each)
A. Expected monetary value.
B. Probability of two events happening together (with independence).
C. Probability of two events happening together (withou
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