Freakonomics and Your Data
In the August, 2005 issue of BusinessWeek, Michael Hopkins explored the best…
The Human Factor Continually Confounds Probability Models
With four weeks to go in the 2011 Major League Baseball season,…
Business People Are Dumb On Average(s)
Here’s one real-life example of the limits in quantitative thinking observed in…
“Average” Statistics that Bruise Our Ears
The term “on average” denotes the usual amount of something. However, using…
Squealer Pig’s Persuasive (Mis)Use of Statistics
Animal Farm’s Squealer Pig was always proficient at rattling off compelling statistics…
Newsflash: Correlation is Not a Cause!
Just about every data scientist and statistician knows that correlation doesn’t necessarily…
The “decline effect,” random variation, and evidence-based marketing
There’s an interesting article by Jonah Lehrer in the Dec.
Conditional probability: an easier way
Conditional probabilities are bane of many students of Statistics, but statements of…
Patterns patterns everywhere
Introduction A lot of human scientific and technological progress over the span…
