Archives for statistics
The Historical Context of Data, Using Data for Decision Making
This is still in draft mode The Historical Context of Data Collected Unless we look at the ‘context’ of the data that we collect, we may be missing the big…
Statistical Fallacies
Selecting a truly RANDOM Sample If you choose every person who passes you on the sidewalk, that would not be a random sample, since you would miss out the people…
Income Inequality–GINI index
A number that ranges from 0 to 1 – to capture the Income inequality for a COUNTRY. By itself, the number means little, but in comparison with other countries, can…