There are three common kinds of average:
When a statistic cites the “average”, it could be the mean, median or mode, which can be drastically different. The unspecified “average” is used to prove a point while leaving out any numbers that might question their predetermined point.
414
1.51K reads
CURATED FROM
IDEAS CURATED BY
This book lays the groundwork for the many ways statistics are used to mislead people. Honest people must learn the tricks of statistics so that they can interpret data intelligently.
“
The idea is part of this collection:
Learn more about problemsolving with this collection
Conducting effective interviews
Identifying the right candidates for the job
Creating a positive candidate experience
Related collections
Similar ideas to The kind of average
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 t...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
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