There are few semi-academic lines more famous than, “There are lies, damned lies, and statistics.” It is certainly true that statistics give a sheen of legitimacy to claims that often make it easier ...
Being inundated with massive amounts of information can feel overwhelming, but knowledge of statistics allows people to distinguish essential facts from trivial details in order to make logical and ...
Lies, damn lies, and statistics: How to take something positive from the UK’s EU referendum campaign
The recent referendum campaign in the UK reminded me of a familiar refrain thrown at data analysts like myself: “lies, damn lies, and statistics.” The modern take, as seen in the campaign, was led by ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...
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