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Showing posts with the label #11

11. How To Not Lie With Statistics

                                                                      How To Not Lie With Statistics Back in the 70’s there was a popular Statistics textbook called “How to Lie with Statistics.”  It took the angle of exploring how perfectly true numbers can be manipulated to tell a perfectly false story, so it was an engaging and light-hearted text. We feel like it is time to re-explore this concept, because these days there are a lot of statistics in the news - and a lot of them convey useless or misleading information.  We notice that this very often stems from a lack of considering phenomena on a “per capita” or “rate” basis.  For example, we hear a reporter state that in 2019 China used the energy equivalent of 24 million barrels of oil while the U.S. used “only...