Posts Tagged ‘statistics’

“It is the mark of a truly intelligent person to be moved by statistics.” ~ George Bernard Shaw.

Meta-analysis. Correlations. Binomial distribution. Marginal probability of error. For those of you who love numbers, you’re in familiar territory. Those terms may even make you feel all warm and fuzzy inside. If they don’t, though, you’re not alone.

A statistic is a fact or piece of data obtained from a large quantity of numerical data. They’re everywhere. You’ll hear statistics in the news—in weather predictions, for example. You’ll be persuaded by them in advertising: “75% of people sleep better when they take this new drug.” You might even look to them when making decisions. Ever look up vehicle safety ratings before buying a new car?

So why do so many people get glassy-eyed when the subject of statistics is brought up? It may be because they just don’t understand them. Dell is setting out to change this.

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