Ideas, facts & insights covering these topics:
12 ideas
ยท2.37K reads
5
Explore the World's Best Ideas
Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.
19
251 reads
The secret language of statistics is employed to sensationalise, inflate, confuse and oversimplify.
22
273 reads
22
218 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).
24
190 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
19
171 reads
Place little faith in an average or a graph or a trend when those important figures are missing
22
151 reads
22
155 reads
To make things seem bigger than what they are, marketers can use these methods / tools
20
133 reads
Only when there is a substantial number of trials involved is the law of averages a useful description or prediction
19
140 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.
20
134 reads
21
147 reads
IDEAS CURATED BY
welcome ๐ค, sharing my obsession with non-fiction books about marketing, business, productivity, relationships and spirituality๐ค
CURATOR'S NOTE
Let's explore how marketers lie using statistics (๐ and how you can too)
โ
Different Perspectives Curated by Others from How to Lie with Statistics
Curious about different takes? Check out our book page to explore multiple unique summaries written by Deepstash curators:
10 ideas
Discover Key Ideas from Books on Similar Topics
4 ideas
Detecting Lies and Deceit
Aldert Vrij
16 ideas
The Richest Man in Babylon
George S. Clason
18 ideas
The Obesity Code
Jason Fung
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
โ
100+ Learning Journeys
โ
Access to 200,000+ ideas
โ
Access to the mobile app
โ
Unlimited idea saving
โ
โ
Unlimited history
โ
โ
Unlimited listening to ideas
โ
โ
Downloading & offline access
โ
โ
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates