I read the bookHow to Lie With Statistics, a basic but brutally honest and funny read about how to prove almost anything you want to.
Here are six things I learned.
1. Mother nature has her own statistics; they're stronger than ours:
2. Where are these numbers coming from?
4. Biased samples are extremely common.
5. You often need a huge sample to prove a point.
6. Always remember: data is not perfect.
Buy the book here. It's great.
- What I learned fromAntifragile
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The article 6 Things I Learned from the Book, "How to Lie With Statistics originally appeared on Fool.com.
Contact Morgan Housel at firstname.lastname@example.org. The Motley Fool has a disclosure policy.
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