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Statistics are occasionally misused to persuade, influence and sell. Misuse can also result from mistakes of analysis that result in poor decisions and failed strategies. The following are common misuses of statistics. Comparing things that are not comparable or using unfair or impractical criteria of comparison.
Misleading statistics are simply the misusage purposeful or not of a numerical data. The results provide misleading information to the receiver, who then believes something wrong if he or she does not notice the error or the does not have the full data picture.
The Vertical scale is too big or too small, or skips numbers, or doesn't start at zero. The graph isn't labeled properly. Data is left out.
5 Ways to Avoid Being Fooled By Statistics. Do A Little of Math and apply Common Sense. Always Look for the Source and check the authority of the source. Question if the statistics are biased or statistically insignificant. Question if the statistics are skewed purposely or Misinterpreted.
Statistical data can be misinterpreted if either: The quality (will return to this notion later) indicator is ill-constructed (overs implication of the underlying hypotheses for example) Or the quality indicator is well constructed but used in the wrong way.
According to this site, 79.48% of all statistics are made up on the spot. Joke: 70% of all statistics are made up on the spot by 64% of people that produce false statistics 54% of the time they produce them. This guy says, 98% of statistics are made up on the spot.
That is, a misuse of statistics occurs when a statistical argument asserts a falsehood. In some cases, the misuse may be accidental. In others, it is purposeful and for the gain of the perpetrator. When the statistical reason involved is false or misapplied, this constitutes a statistical fallacy.
According to this site, 79.48% of all statistics are made up on the spot. Joke: 70% of all statistics are made up on the spot by 64% of people that produce false statistics 54% of the time they produce them. This guy says, 98% of statistics are made up on the spot.
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