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.
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
Mark Twain coined a phrase (and attributed it to British Prime Minster Benjamin Disraeli) "There are three kinds of lies: lies, damned lies and statistics." Audience statistics analytics Read Post
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