Average: I Do Not Think It Means What You Think It Means
Many of the statistical terms we use every day are based on normal distributions. The problem is that power law distributions tend to rule in social media.
Many of the statistical terms we use every day are based on normal distributions. The problem is that power law distributions tend to rule in social media.
Too many marketing mavens and bloggers are playing “weekend warrior” with statistics. Beware of data defects and logical fallacies before buying their conclusions.