Join us on a literary world trip!
Add this book to bookshelf
Grey
Write a new comment Default profile 50px
Grey
Subscribe to read the full book or read the first pages for free!
All characters reduced
The Art of Statistical Thinking - Detect Misinformation Understand the World Deeper and Make Better Decisions - cover

The Art of Statistical Thinking - Detect Misinformation Understand the World Deeper and Make Better Decisions

Albert Rutherford, Jae H. Kim PhD

Publisher: Publishdrive

  • 0
  • 2
  • 0

Summary

Not knowing statistics can lead to a loss of money, time, and accurate information.
 
What am I looking at? What do these numbers mean? Why? These are frequent thoughts of those who don’t know much about statistics.
 
“I’m not a number’s person” is not a good excuse to avoid learning the basics of this essential skill. Are you a person who earns money? Do you shop at the supermarket? Do you vote? Do you read the news? I’m sure you do.
 
Learn to make decisions like world leaders do.
 
Do you like to make uninformed, often poor decisions? Are you okay with being manipulated by skewed charts and diagrams? How about being lied to about the effectiveness of a product? I’m sure you don’t.
 
Statistics can help you make exponentially better calls on what to buy, who to listen to, and what to believe.
 
This book offers a detailed, illustrated breakdown of the fundamentals of statistics. Develop and use formal logical thinking abilities to understand the message behind numbers and charts in science, politics, and economy.
 
Sharpen your critical and analytic thinking skills.
 
Know what to look for when analyzing data. Information gets skewed – often unintentionally – because of the mainstream ways of doing statistics that didn’t catch up to big data. Stop staying in the dark. This book shines the light on the most common statistical methods - and their most frequent misuse. This step-by-step guide not only helps you detect what goes wrong in statistics but also educates you on how to utilize invaluable information statistics gets right to your benefit.
 
Avoid making decisions on misleading information.
 
- How to Use Descriptive and Inferential Statistics to Understand the World.
 
- Be Wary of Misleading Charts.
 
- Make Better Decisions Using Probability.
 
- Understand P-Values in Research.
 
- Understand Potential Bias in Studies.
 
Albert Rutherford is the internationally bestselling author of several books on systems thinking, game theory, and mathematical thinking. Jae H. Kim is a freelance writer in econometrics, statistics, and data analysis. Since obtaining his PhD in econometrics in 1997, he has been a professor in major Australian universities until 2022. He has published more than 70 academic articles and book chapters in econometrics, empirical finance, economics, and applied statistics, which have attracted nearly 5000 citations to date.
 
Learn basic statistics and spend your money wisely.
 
Statistics, as a learning tool, can be used or misused. Some will actively lie and mislead with statistics. More often, however, well-meaning people – even professionals - unintentionally report incorrect statistical conclusions. Knowing what errors and mistakes to look for will help you to be in a better position to evaluate the information you have been given.
Available since: 10/17/2022.
Print length: 210 pages.

Other books that might interest you

  • How Wealth Rules the World - Saving Our Communities and Freedoms from the Dictatorship of Property - cover

    How Wealth Rules the World -...

    Ben G. Price

    • 0
    • 0
    • 0
    Ben Price reveals that our Constitution and legal system were intentionally designed to give more rights to the wealthy propertied class than the rest of us and exposes how this hamstrings our ability to effectively address a host of pressing social and environmental problems—and what we can do about it.  
     
    Many of today's most serious issues—homelessness, gun violence, fracking, prison privatization, predatory lending, and many more—resist resolution because the “rights of property” undermine the rights of people. Issues that undeniably affect whole communities are determined by the courts to relate primarily to property, contracts, and corporations and are removed from the public sphere and immunized from public governance.  
     
    There's a reason for this. Ben Price tells the story of how the Federalists—the more conservative faction of the Founding Fathers—secretly drafted the Constitution as a counterrevolutionary document. It restored to the colonial 1 percent privileges overturned by the revolution, avoiding a popular backlash by bestowing rights on wealth itself, rather than creating a British-style personal aristocracy. These rights of property deprive the majority of their ability to self-govern and weaponize government in ways that let the “minority of the opulent” (in James Madison's phrase) use the Constitution to block local policies that compete with their interests.  
     
    Price details often shocking examples of how the supposedly unalienable rights of individuals and communities are blithely disregarded. But he also describes how over 200 communities have drafted their own bills of rights that push back against the primacy of property and how we all can join this struggle to return America to what the revolutionary generation intended.
    Show book
  • Carve Your Own Road - Do What You Love and Live the Life You Envision - cover

    Carve Your Own Road - Do What...

    Jennifer Remling, Joe Remling

    • 0
    • 0
    • 0
    There is an epidemic facing our world today. People everywhere, even those who are successful by most standards, are utterly disconnected from what they really want out of life. We've abandoned our true passions and dreams in exchange for a daily grind that offers no fulfillment. Some estimates say that fully 80 percent of people don't enjoy their work and wish they could exert more control over their lives.Carve Your Own Road offers a powerful process for reconnecting to your dreams and expanding your opportunities. You will receive firsthand insight from people who have successfully made the leap to careers that invigorate and inspire.Carve Your Own Road also offers stories of dozens of inspiring entrepreneurs and individuals who have done something intimidating to most of usquit their jobs to pursue a whole new path, one filled with uncertainty and fear...and passion and excitement.
    Show book
  • BusinessOutside - cover

    BusinessOutside

    Bart Foster

    • 0
    • 0
    • 0
    Connection. Renewal. Empowerment.As a business executive, how do you ensure you’re showing up your very best every day? How do you present the real, genuine you at work? And how do you create a culture where your employees can authentically flourish?  Being your best means embracing authenticity to feel healthy, grounded, connected—and the path to get there is right outside your front door.In BusinessOutside, Bart Foster reveals a science-inspired philosophy that reimagines corporate culture by bringing business outdoors, allowing for increased creativity, meaningful connections, and psychological restoration. Through a self-assessment of your personal values and discovery of your Zones of Genius, Bart shows how to rise above societal and outdated corporate norms that hinder growth. You’ll learn the benefits of a natural setting, why feeling personally fulfilled matters in your career, and proven practices that will put you on the path toward an authentic, intentional life. BusinessOutside is your North Star for building connections, navigating a growth mindset, and exploring the value of a life truly well-lived.
    Show book
  • Unequal Gains - American Growth and Inequality Since 1700 - cover

    Unequal Gains - American Growth...

    Peter H. Lindert, Jeffrey G....

    • 0
    • 0
    • 0
    Unequal Gains offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today. While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson focus instead on income—and the result is a bold reassessment of the American economic experience.  
    America has been exceptional in its rising inequality after an egalitarian start, but not in its long-run growth. America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain-and America's income advantage today is no greater than it was three hundred years ago. But that advantage was lost during the Revolution, lost again during the Civil War, and lost a third time during the Great Depression, though it was regained after each crisis.  
    In addition, Lindert and Williamson show how income inequality among Americans rose steeply in two great waves—from 1774 to 1860 and from the 1970s to today—rising more than in any other wealthy nation in the world. Unequal Gains also demonstrates how the widening income gaps have always touched every social group, from the richest to the poorest.  
    The book sheds critical light on the forces that shaped American income history, and situates that history in a broad global context. Economic writing at its most stimulating, Unequal Gains provides a vitally needed perspective on who has benefited most from American growth, and why.
    Show book
  • Supply Chain Management Crash Course - cover

    Supply Chain Management Crash...

    Introbooks Team

    • 0
    • 0
    • 0
    In the field of commerce, the term SCM (supply chain management) is referred to as the effective management of the flow of products as well as services from the manufacturing units to the end customers. This process also involves the storage as well as the movement of the desired raw materials, of the work in progress inventory, and of the final goods from the origin point to the end consumption point. The process of effective supply chain management also includes the interlinked or interconnected networks, node businesses and channels which are used for combining the provisions of the given goods & services that might be required by the customers in the given supply chain. The definition and importance of effective supply chain management needs to be understood by the organizations of the world to ensure seamless operations and satisfaction of the end customer at the same time. 
    Show book
  • Delegation and Supervision - The Brian Tracy Success Library - cover

    Delegation and Supervision - The...

    Brian Tracy

    • 0
    • 0
    • 0
    0  false      18 pt  18 pt  0  0    false  false  false                         /* Style Definitions */ table.MsoNormalTable  {mso-style-name:"Table Normal";  mso-tstyle-rowband-size:0;  mso-tstyle-colband-size:0;  mso-style-noshow:yes;  mso-style-parent:"";  mso-padding-alt:0in 5.4pt 0in 5.4pt;  mso-para-margin:0in;  mso-para-margin-bottom:.0001pt;  mso-pagination:widow-orphan;  font-size:10.0pt;  font-family:"Times New Roman";  mso-ascii-font-family:Times;  mso-hansi-font-family:Times;}        Managers are judged by the results they deliver-and more than anything else, those results hinge on the ability to delegate and supervise. You will be surprised at how efficient and easy to manage your team becomes when you master these essential skills. This guide reveals time-tested ways to boost the performance and productivity of your employees, including how to:Define work, assign it, and set standards for performanceMatch skills to job requirementsDelegate longer term tasks to trusted team membersKeep on top of projects with minimum effortBuild the confidence of your staffElicit active participationAvoid reverse delegationAnd much more
    Show book