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Lies, damned lies, and averages

You've heard the expression, "There's three kinds of untruths - lies, damned lies, and statistics." . Today I wanted to discuss an important phenomenon that sort of falls in that third, most despised category - that of averaging. But I'm not talking about numerical averaging like a grade point average or a pitcher's ERA. I'm talking about a terrible sort of averaging that goes on with motor control 'programs' in your body/mind.
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INSIDE the STATS... Lies, Damned Lies, and Statistics

American Football / College Sports : Bleacher Report - College Football (2 years ago)

It's been said there are three kinds of lies: lies, damned lies, and statistics. With the College Football season nearing the midway point of the 2012 campaign, and the NFL advancing into the Bye Week portion of its schedule, let's ... Read Post

The fallacy of averages

Business & Finance / Venture Capital : Non-Linear Growth (7 months ago)

A discussion with a portfolio company CFO yesterday reminded me that statistics are a dangerous thing and averages are misleading. “There are three types of lies — lies, damn lies, and statistics.” Most businesses analyze their perf... Read Post

The Lies, Damn Lies And “Statistics” of Mobile Commerce

Business & Finance : Business Insider: Money Game (3 years ago)

We’ve all heard the old saying “there are lies, damn lies and statistics” that can be used to back any opinion and support any position. It looks like this adage is applicable to the current state of mobile commerce. Mobile commerce... Read Post


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