Somehow when I was in elementary school many years ago, I stumbled across a copy of a book called "How to Lie with Statistics" in the school library. Not anywhere near the normal educational program of K-6th grades so it was a bit odd that it was there. But there it was and it provided more insight than a lot of the regular classwork. It showed you need to look with a keen eye to see what the charts are selling you. I later went through an engineering program, MBA, and decades of work in manufacturing, including Quality functions ... However, at the end of the day all that training and experience revealed that if you needed statistics to prove A is better than B then while the change is statistically an improvement it's rarely 'real world' important. A change needs to be distinctive 'to the casual observer' to be a valuable commercial finding.
There is a similar good book titled "A Field Guide to Lies / Critical Thinking in the Information Age" authored by Daniel J. Levitin. It is a very good read on this important topic.
Somehow when I was in elementary school many years ago, I stumbled across a copy of a book called "How to Lie with Statistics" in the school library. Not anywhere near the normal educational program of K-6th grades so it was a bit odd that it was there. But there it was and it provided more insight than a lot of the regular classwork. It showed you need to look with a keen eye to see what the charts are selling you. I later went through an engineering program, MBA, and decades of work in manufacturing, including Quality functions ... However, at the end of the day all that training and experience revealed that if you needed statistics to prove A is better than B then while the change is statistically an improvement it's rarely 'real world' important. A change needs to be distinctive 'to the casual observer' to be a valuable commercial finding.
There is a similar good book titled "A Field Guide to Lies / Critical Thinking in the Information Age" authored by Daniel J. Levitin. It is a very good read on this important topic.
Excellent info