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Weston I.

@weston_fii793

Assuming small differences are meaningful

Small, daily fluctuations are often just statistical noise. For instance, in the stock market or polls.

To avoid drawing faulty conclusions about the causes, request the "margin of error" relating to the numbers. If the difference is smaller than the margin of error, there is probably no real difference.

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IDEA EXTRACTED FROM:

The seven deadly sins of statistical misinterpretation, and how to avoid them

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