Journal article
The impact of confidence interval information on probability judgements
Accounting, organizations and society, Vol.7(4), pp.349-367
1982
DOI: 10.1016/0361-3682(82)90010-1
Abstract
Previous efforts to demonstrate the value of confidence interval financial statements for credit evaluation and investment decisions have met with limited success. The present study examined the impact of nonfinancial confidence interval reports on predecisional behavior. A Bayesian revision task was used to investigate the impact of report type, information system uncertainty and decision problem uncertainty on the accuracy of probability judgements. All three variables influenced task performance. Moreover, subjects given confidence interval reports outperformed those who were given single-figure reports when significant information system and decision problem uncertainties were present. The results obtained here suggest several facets of the decision setting which may influence the value of confidence interval financial statements.
Details
- Title: Subtitle
- The impact of confidence interval information on probability judgements
- Creators
- W.Bruce Johnson - Northwestern University
- Resource Type
- Journal article
- Publication Details
- Accounting, organizations and society, Vol.7(4), pp.349-367
- DOI
- 10.1016/0361-3682(82)90010-1
- ISSN
- 0361-3682
- eISSN
- 1873-6289
- Publisher
- Elsevier Ltd; OXFORD
- Number of pages
- 19
- Language
- English
- Date published
- 1982
- Academic Unit
- Accounting
- Record Identifier
- 9984962895302771
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