A Perceptual-Like Population-Coding Mechanism of Approximate Numerical Averaging

Humans possess a remarkable ability to rapidly form coarse estimations of numerical averages. This ability is important for making decisions that are based on streams of numerical or value-based information, as well as for preference formation. Nonetheless, the mechanism underlying rapid approximate numerical averaging remains unknown, and several competing mechanism may account for it. Here, we tested the hypothesis that approximate numerical averaging relies on perceptual-like processes, based on population coding. Participants were presented with rapid sequences of numerical values (four items per second) and were asked to convey the sequence average. We manipulated the sequences' length, variance, and mean magnitude and found that similar to perceptual averaging, the precision of the estimations improves with the length and deteriorates with higher variance or higher magnitude. To account for the results, we developed a novel biologically plausible population-coding neurocomputational model and showed...