In the Box below, identify the fallacy and explain what is wrong with the reasoning (in the specific example): Allie: I read a study talking about how the pricing system in hospitals is both unfair and unpredictable; based on whether or not a person has insurance and which insurance they have, the price the hospital charges to for the same surgery can run from $1800 to $14,000, with uninsured people paying the most, and no one can find out in advance what it will cost. I think we need to regulate hospital pricing. George: Why should we listen to you on that- you’re terrible with money. You had to declare bankruptcy a few years ago!

Identify the fallacy in the example below and explain what is wrong with the reasoning in the specific example: Jack: Since I’m putting 10 hours every week into repairing the damage the storm did to the roof and attic, I think you should cover the cooking until the job is finished. Jean: So you want me to do all the housework! That’s just sexist!

In the box below, identify the fallacy and explain what is wrong with the reasoning (in the specific example): A newspaper article reporting on a scientific study on mood and healing notes that researchers found that among people with a debilitating illness, there was a correlation between those who consistently rated their mood as good and those who managed to recover fully. Based on this, the article claims that if you become ill, you can help yourself recover by being cheerful.

In the box below, identify the fallacy in the example and explain what is wrong with the reasoning in the specific example: We shouldn’t allow people to claim refugee status and enter the country on that basis. My brother met a migrant who admitted to him that he had exaggerated his story about the dangers he experienced in his home because he believed he would have better opportunities and pay here.

Match the definition of the bias or fallacy to the name

The RBRVS element that captures the expenses for legal services, accounting services, and professional association memberships is:

The federal government is determined to lower the overall payments to physicians. To incur the least administrative work, which of the following elements of the RBRVS would the government reduce?

Which of the following are the disadvantages of the decision tree?

Which of the following issues we might encounter when we have less training data in a supervised learning model?

A numeric prediction model X was applied to a validation dataset consisting of 5 records. Calculate the MAE, MSE, and R-squared of model X on this test dataset. Please keep two decimal places in your results. MAE: [a] MSE: [b] R-squared: [c]