Sample size bias in judgments of perceptual averages.

Previous research has shown that people exhibit a sample size bias when judging the average of a set of stimuli on a single dimension. The more stimuli there are in the set, the greater people judge the average to be. This effect has been demonstrated reliably for judgments of the average likelihood that groups of people will experience negative, positive, and neutral events (Price, 2001; Price, Smith, & Lench, 2006) and also for estimates of the mean of sets of numbers (Smith & Price, 2010).