Simple Logic which many get wrong Shared by Robin Low
Intuition• Intuition may serve you well, but if you don’t think deeper and use logic, you may be wrong!
• A bat and ball cost $1.10.• The bat costs one dollar more than the ball.• How much does the ball cost?
Answer• If you have used your intuition, your answer will be $0.10• If you have used logic, you will answer $0.05
• Even Top students from Harvard, MIT with perfect SAT scores would get it wrong.• Many people are overconfident, prone to place too much faith in their intuitions. They apparently find cognitive effort at least mildly unpleasant and avoid it as much as possible.
• So even for some simple problems, you may need to put in more thought. They may not seem as easy as you think.
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