Research Catalog

Standard deviations : flawed assumptions, tortured data, and other ways to lie with statistics

Title
Standard deviations : flawed assumptions, tortured data, and other ways to lie with statistics / Gary Smith.
Author
Smith, Gary, 1945-
Publication
New York : Overlook Duckworth, 2014.

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TextUse in library JBE 18-718Schwarzman Building M2 - General Research Room 315

Details

Description
326 pages : illustrations; 24 cm
Summary
"Did you know that baseball players whose names begin with the letter "D" are more likely to die young? Or that Asian Americans are most susceptible to heart attacks on the fourth day of the month? Or that drinking a full pot of coffee every morning will add years to your life, but two cups a day increases the risk of pancreatic cancer? All of these "facts" have been argued with a straight face by credentialed researchers and backed up with reams of data and convincing statistics. As Nobel Prize-winning economist Ronald Coase once cynically observed, "If you torture data long enough, it will confess." Lying with statistics is a time-honored con. In Standard Deviations, economics professor Gary Smith walks us through the various tricks and traps that people use to back up their own crackpot theories. Sometimes, the unscrupulous deliberately try to mislead us. Other times, the well-intentioned are blissfully unaware of the mischief they are committing. Today, data is so plentiful that researchers spend precious little time distinguishing between good, meaningful indicators and total rubbish. Not only do others use data to fool us, we fool ourselves. With the breakout success of Nate Silver's The Signal and the Noise, the once humdrum subject of statistics has never been hotter. Drawing on breakthrough research in behavioral economics by luminaries like Daniel Kahneman and Dan Ariely and taking to task some of the conclusions of Freakonomics author Steven D. Levitt, Standard Deviations demystifies the science behind statistics and makes it easy to spot the fraud all around"--
Subjects
Bibliography (note)
  • Includes bibliographical references (pages 299-319) and index.
Call Number
JBE 18-718
ISBN
  • 9781468309201
  • 146830920X
LCCN
2014017052
OCLC
2014017052
Author
Smith, Gary, 1945- author.
Title
Standard deviations : flawed assumptions, tortured data, and other ways to lie with statistics / Gary Smith.
Publisher
New York : Overlook Duckworth, 2014.
Edition
First edition.
Type of Content
text
Type of Medium
unmediated
Type of Carrier
volume
Bibliography
Includes bibliographical references (pages 299-319) and index.
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Research Call Number
JBE 18-718
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