quote about statistics being made up

-- Steven Wright "Five out of four people have trouble with fractions." And as they say about economists and weathermen — they’re the only two jobs you can keep while being wrong nearly 100% of the time ;-). 63 of all statistics are made up… including this one — “Dilbert” quotes and phrases See no evil, Hear no evil, Speak no evil. Words can uphold the truth or nurture a lie. Often I’ll get some people look at me like, “really?” “It’s true. than the average duration We believe in the power of infographics. - Joseph Addison. of a thousand lives. My boss told me to look at the growth rate average over the past 3 years an increase it by 2% because mobile penetration is increasing.” There you go. — Edward R. Tufte. We all took that data as the basis for our reports. That doesn’t happen? The headlines in the media are filled with that latest stats. People then parrot them around like they’re fact when most of them are complete bullsh*t. People throw them around at cocktail parties. I was leading the analysis with a team of 14 people: 12 Japanese, 1 German and 1 Turk. But what worries me much more is skewed data. What are you on about? Please enjoy these quotes about Statistics from my collection of quotes and sayings. In 1999 I was in Japan doing a strategy project for the board of directors of Sony. It’s already changed the way most businesses and governments think and operate. Obviously try to derive data that is as accurate as possible. Statistics can be made to prove anything - even the truth. Or as Mark Twain popularized the quote most attributed to the Prime Minister of Great Britain, Benjamin Disraeli, “there are three kinds of lies: lies, damn lies and statistics.” The quote is meant to highlight the deceiving but persuasive power of numbers. It becomes folklore. Even more so with journalists. Statistics: Made up facts and misleading numbers. Save my name, e-mail, and website in this browser for the next time I comment. In order to pass the CAPTCHA please enable JavaScript, (1547 – 1616; Spanish novelist, poet and playwright), (1835 – 1910, American author and humourist), (1842 – 1910, American philosopher and psychologist), Collage of Shutterstock images; Foreground: Mettus, Background: kentoh, 50 Inspiring & Thoughtprovoking Worry & Anxiety Quotes, Grief & Loss – 50 Remarkable Quotes for Comfort, Peace & Relief. made up definition: 1. wearing make-up: 2. 40% of costs are labor, 40% are materials and 20% are overheads. Use the following form to get made up statistics on the subject of your choice. Quotations about Statistics Related Quotes Mathematics Science Business Advertising. I told this story to every consultant I knew at the time. - who paid them? But subtle changes in words can totally change the way that the reader interprets the results. Numbers are important. I know it sounds like I’m making this sh*t up but I’m not. better known by his pen name Mark Twain, We must be careful Samuel Langhorne Clemens, Explore our collection of motivational and famous quotes by authors you know and love. Discover and share Made Up Quotes. How, ... and the claims being made and just accept what they’re presented with. 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He said, literally, I sh*t you not, “well, my report was due and I didn’t have much time. And be careful not to believe your own hype. I use it as one source of figuring out my version of the truth. It was originally COBOL and DB2 — so what? The average human being spends three years of life going to the toilet, though the average human being with no physical toilet to go to probably does his or her best to spend less. So, where is this all coming from, Mark? - There are malicious data such as on Yelp where you might have a competitor that types in bad results on your survey to bring you down or maliciously positive like on the Salesforce.com AppExchange where you get your friends to rate your app 5 out of 5 so you can drive your score up. OK, yes. Continually seek the truth in the form of better customer surveys, more insightful market analyses and more accurate ROI calculations. Charles Babbage, While nothing is more uncertain - Benjamin Disraeli There are no facts, only interpretations. we may judge Nobody was surprised. I called another agency. How to Talk About Valuation When a VC Asks, Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…. Fortunately I was mostly a technology consultant, which meant that I coded computers, designed databases and planned system integration projects. Peer review is especially valuable for picking up on any issues that may have inadvertently arisen with the research methods or results. And don’t forget to include information on how to cite an infographic, when you use one on your website so if it gets shared, it drives traffic back to you. Ask yourself the obvious questions: - who did the primary research on this analysis? - Also common is that the survey itself asks questions in a way that leads the responder to a specific answer. There are no Shortcuts: Why Showing up In Person is Everything, A Deep Dive into What Has Really Changed in Venture Capital. You pick out the answers that support your findings and leave out the ones that don’t support it from your report. One of our core tasks was “market analysis,” which consistent of: market sizing, market forecasts, competitive analysis and then instructing customers on which direction to take. using no data at all. There are two kinds of statistics, the kind you look up and the kind you make up. Votes: 2. Explore our collection of motivational and famous quotes by authors you know and love. That’s OK. With no numbers as proof points few people will buy your products. for judgement. It was either the famous writer Mark Twain or the 19th-century British Prime Minister Benjamin Disraeli who said: “There are three kinds of lies: lies, damned lies, and statistics.”. The quotes are sorted in chronological order by the birth date of the author. Famous Quotes about Statistics To call in the statistician after the experiment is done may be no more than asking him to perform a post-mortem examination: he may be … As my MBA statistics professor used to say, “seek disconfirming evidence.” That always stuck with me. So they took 3 reports, read them, put them into their own spreadsheet, made fancier graphs, had professional PowerPoint departments make killer pages and then at the bottom of the graph they typed, “Research Company Data and Consulting Company Analysis” (fill in brand names) or some derivative. They had come up with a CAGR (compounded annual growth rate) that was 3% higher that the other report, which in a few years makes a huge difference. As long ago as 1889, Carroll D. Wright (a prominent statistician) said, “The old saying is that ‘figures will not lie,’ but a new saying is ‘liars will figure’.”. $\begingroup$ "Far better an approximate answer to the right question, which is often vague, than an exact answer to the wrong question, which can always be … They’re just a bit like the weather — hard to really predict. very few survive. And this data subtly sinks into the psyche of your company. Statistics are no substitute Just a few below to whet your appetite: 1 "As you know from teaching introductory statistics, 30 is infinity." I got the analyst who wrote one of the reports on the phone and asked how he got his projections. People then parrot them around like they’re fact when most of them are complete bullsh*t. People throw them around at cocktail parties. This saying means that statistics can be used for very wrong purposes and the persuasive power of numbers can assist to strengthen weak arguments. Statistics aren’t evil. They are more like witty, stand-up one-liners but I enjoyed them a lot. It can happen. “Mobile penetration set to double next year reaching all time highs,” “venture capital market set to implode next year — more than 70% of firms may disappear” or “drug use in California growing at an alarming rate.” We buy headlines. Re: Famous historical quotes that are made up #15 by NamelessFaceless » Apr 17, 2012 4:02 pm There's a sucker born every minute is usually attributed to PT Barnum, but it was actually said by one of his competitors, David Hanuum, regarding the Cardiff Giant hoax . How Much Should You Raise in Your VC Round? Related Topics: More Math Jokes, Math Quotes and Games Statistics "42.7% of all statistics are made up on the spot." And then I triangulate. There are two ways of lying. We use words to encompass history, to describe the natural universe, and even to conjure realistic visions of things that exist only in fantasy. For instance did you know that 7% of all quoted statistics are made up on the spot? I encourage it. — Anonymous. This is an “error of omission.”. And if anybody can’t publish something saying “just in, next year looks like a repeat of last year” it’s a newspaper. They took the data from the analysts. Never forget the three powerful resources And even then …. Three grand essentials to happiness in this life are something to do, something to love, and something to hope for. BOMUS.org is your one stop source for instantly made up statistics. Statistics Quotes and Sayings Quotes about Statistics. And then they market the F out of that result. ~Paul Brodeur, Outrageous Misconduct Facts are stubborn things, but statistics are more pliable. — Anonymous. Statistics Done Wrong: The Woefully Complete Guide. Lee, Peter M. (2017) "Lies, Damned Lies and Statistics" at the support material of the academic web pages of the late Prof Lee, which authoritatively and thoroughly review—including through use of extensive quotations and references—the subject and evidence touched upon in this article. I’m shocked, shocked to find that gambling is going on here. Unsourced. There are so many ways to present data to tell the story you want that I can’t even list every way data is skewed. “Torture the data, and it will confess to anything.” – Ronald Coase 6. that of those It looks like there hasn't been any additional information added to this quote yet. Enter the data in the form of a question for best results. but statistics are more pliable. "98% of all statistics are made up." In statistics, what disappears behind rows of numbers is death. A made-up story or report has been invented and is untrue: 3. very happy…. Statistics show that of those who contract the habit of eating, very few survive. They had interviewed telecom operators, handset manufacturers and corporate buyers. I was in the midst of sizing the mobile handset markets in 3 regions: US, Europe and Asia. ... Americans pay up to 1,000 percent more to fill their prescriptions than consumers in other countries - that is an alarming statistic. Then the data got amplified. with the abstractions In the end make sure you’re suspicious of all data. “I’m shocked, shocked to find that gambling is going on here.” We all know it happens. made-up quotes,made-up, keyword, keywords. I completed two years of upper-division stat courses at university, and — even though I doubt it was the professor's intent — the most lasting thing I learned was exactly what they say, that you can make numbers say anything. The following quotes reflect what the experts have said about the future of big data: 33. So did the super bright consultants at McKinsey, Bain and BCG. That's very rude," Myrnin said. “With data collection, ‘the sooner the better’ is always the best answer.” – Marissa Mayer 7. 23% of all costs are inefficient. I’d rather make decisions with uncertain numbers than no numbers. Larry Lorenzoni Cognitive psychology tells us that the unaided human mind is vulnerable to many fallacies and illusions because of its reliance on its memory for vivid anecdotes rather than systematic statistics.

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