Download Everydata: The Misinformation Hidden in the Little Data You Consume Every Day AudioBook Free
While many people are talking about "big data", the simple truth is that understanding the "little data" - the stats that underlie publication headlines, stock studies, weather forecasts, and so on - is exactly what helps you make smarter decisions at work, at home, and in every aspect of your life. The average indivdual consumes approximately 30 gigabytes of data every single day but does not have any idea how to interpret it correctly. Everydata points out, through the eyes of a specialist economist and statistician, how to decipher the tiny bytes of data we consume per day. Everydata is filled up with countless examples of people misconstruing data - with results that range between merely aggravating to catastrophic:
- The space shuttle Challenger exploded partly because the designers were reviewing a limited sample place.
- Large numbers of women avoid level of caffeine during being pregnant because they interpret relationship as causation.
- Attorneys experienced a $1 billion jury verdict because of outlier data.