Wednesday, August 17, 2011

How can organizations skew the statistical outcomes of their business?

there's an old saying, "figures don't lie but liars can sure figure." Statistics can be skewed by defining the x or y axis of a metric to be something that shows positive growth, or data is excluded in a manner that advantages the outcomes you want to get(see "hanging chads" from the 2000 florida election), or data is manipulated to eliminate or add outcomes.

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