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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.
From the Publisher
Think with clarity, depth, and speed. Become an effective problem solver and decision maker. Master analytical, critical, and systems thinking.
We often have blind spots for the reasons that cause problems in our lives. We try to fix our issues based on assumptions, false analysis, and mistaken deductions. These create misunderstanding, anxiety, and frustration in our personal and work relationships.
Resist jumping to conclusions prematurely. Evaluate information correctly and consistently to make better decisions. Systems and critical thinking skills help you become proficient in collecting and assessing data, as well as creating impactful solutions in any context.
Albert Rutherford dedicated his entire life to find the best, evidence-based practices for optimal decision-making. His personal mantra is, “ask better questions to find more accurate answers and draw more profound insights.”
About the author
Albert Rutherford is an internationally bestselling author. His books draw on various sources, from corporate system building, organizational behavior analysis, scientific research, and his life experience. He has been building and improving systems his whole adult life and brings his proven strategies to you.
ASIN : B0BJ7QGMBL
Publisher : ARB Publications
Accessibility : Learn more
Publication date : October 13, 2022
Edition : 1st
Language : English
File size : 6.0 MB
Simultaneous device usage : Unlimited
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Enabled
Word Wise : Enabled
Print length : 178 pages
Page Flip : Enabled
Book 2 of 6 : Advanced Thinking Skills
Best Sellers Rank: #129,540 in Kindle Store (See Top 100 in Kindle Store) #5 in Statistics Economics #7 in Science Methodology & Statistics #13 in Probability & Statistics (Kindle Store)
Customer Reviews: 4.0 4.0 out of 5 stars (175)