Statistics Lie (part one): Flaw of Averages…or why it takes slightly longer to get your Uber

Statistics Lie (part one): Flaw of Averages…or why it takes slightly longer to get your Uber

  The flaw of averages   Most people have heard of the law of averages, but what about the flaw of averages?  I would argue that understanding the flaw of averages is at least as important, especially if you don’t want to be fooled by bad analysis.   This is the first article in aRead more about Statistics Lie (part one): Flaw of Averages…or why it takes slightly longer to get your Uber[…]