Download Audiobook Standard Deviations: Flawed Assumptions, Tortured Data, and Other Ways to Lie with Statistics by Gary Smith in English

Standard Deviations: Flawed Assumptions, Tortured Data, and Other Ways to Lie with Statistics


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Do you know that baseball gamers whose names start with the letter “D” usually tend to die younger? Or that Asian People are most prone to coronary heart assaults on the fourth day of the month? Or that ingesting a full pot of espresso each morning will add years to your life, however one cup a day will increase the chance of pancreatic most cancers? All of those “info” have been argued with a straight face by credentialed researchers and backed up with reams of knowledge and convincing statistics. As Nobel Prize-winning economist Ronald Coase as soon as cynically noticed, “When you torture information lengthy sufficient, it is going to confess.” Mendacity with statistics is a time-honored con. In Normal Deviations, economics professor Gary Smith walks us by way of the varied methods and traps that folks use to again up their very own crackpot theories. Generally, the unscrupulous intentionally attempt to mislead us. Different occasions, the well-intentioned are blissfully unaware of the mischief they’re committing. At the moment, information is so plentiful that researchers spend valuable little time distinguishing between good, significant indicators and whole garbage. Not solely do others use information to idiot us, we idiot ourselves. With the breakout success of Nate Silver’s The Sign and the Noise, the as soon as humdrum topic of statistics has by no means been hotter. Drawing on breakthrough analysis in behavioral economics by luminaries like Daniel Kahneman and Dan Ariely and taking to activity among the conclusions of Freakonomics writer Steven D. Levitt, Normal Deviations demystifies the science behind statistics and makes it straightforward to identify the fraud throughout.