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237 reads
The secret language of statistics is employed to sensationalise, inflate, confuse and oversimplify.
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258 reads
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205 reads
There are 3 common averages: mean, median and mode. In some cases, the result of all 3 is the same number but in most cases the numbers are very different!
The Median (middle number) tells you more about the situation. On the left of this number is 50% of the sample on the right is the other 50% of the sample. Thus gives a good overview of what's happening as a whole.
But marketers normally report using the mean (the sum of all numbers divided by the number of units in the sample).
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180 reads
Averages, Relationships, Trends and Graphs are not always what they seem. There may be more in them than meets the eye, and there may be a good deal less
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162 reads
Place little faith in an average or a graph or a trend when those important figures are missing
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142 reads
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To make things seem bigger than what they are, marketers can use these methods / tools
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123 reads
Only when there is a substantial number of trials involved is the law of averages a useful description or prediction
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131 reads
" If you can't prove what you want to prove, demonstrate something else and pretend that they are the same thing "
The general method is to pick two things that sound the same, but are not.
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127 reads
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136 reads
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welcome 🤗, sharing my obsession with non-fiction books about marketing, business, productivity, relationships and spirituality🤍
CURATOR'S NOTE
Let's explore how marketers lie using statistics (👀 and how you can too)
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