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The Flaw of Averages

Plans based on average assumptions are wrong. Statistical uncertainties are pervasive in decisions we make every day in business, government, and our personal lives. Sam Savage's lively and engaging book gives any interested reader the insight and the tools to deal effectively with those uncertainties. I highly recommend The Flaw of Averages.". William J. Perry,. Former U.S. Secretary of Defense. Nobel Laureate in Economics. Author of How to Measure Anything. Sam Savage is the Edward Tufte of Risk.".

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The Flaw of Averages | flawofaverages.com Reviews

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Plans based on average assumptions are wrong. Statistical uncertainties are pervasive in decisions we make every day in business, government, and our personal lives. Sam Savage's lively and engaging book gives any interested reader the insight and the tools to deal effectively with those uncertainties. I highly recommend The Flaw of Averages.. William J. Perry,. Former U.S. Secretary of Defense. Nobel Laureate in Economics. Author of How to Measure Anything. Sam Savage is the Edward Tufte of Risk..

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The Flaw of Averages | flawofaverages.com Reviews

https://flawofaverages.com

Plans based on average assumptions are wrong. Statistical uncertainties are pervasive in decisions we make every day in business, government, and our personal lives. Sam Savage's lively and engaging book gives any interested reader the insight and the tools to deal effectively with those uncertainties. I highly recommend The Flaw of Averages.". William J. Perry,. Former U.S. Secretary of Defense. Nobel Laureate in Economics. Author of How to Measure Anything. Sam Savage is the Edward Tufte of Risk.".

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Dolor's Rants: November 2011

http://rantofdolor.blogspot.com/2011_11_01_archive.html

This blog is about Operations Research applications in practice. I would like to share my experience and ideas with other practitioners in this field and invite them to react. Sunday, 6 November 2011. The incredible balancing act of Unsold and OutOfStock. Annual state of logistics. Effective inventory management is very hard. A recent article in the. Actual demand will deviate from the average demand (average doesn’t exist, does it? Leaving the supply chain manager with either unsold stock like in the ex...

informationpolitics.wordpress.com

Beware of Averages (2009) | Information Politics

https://informationpolitics.wordpress.com/2010/06/02/beware-of-averages

8230;an exploration…. Laquo; Society on the Line (1999). Beware of Averages (2009). Statistical uncertainties are pervasive in decisions we make every day in business, government, and our personal lives. Sam Savage’s lively and engaging book. Gives any interested reader the insight and the tools to deal effectively with those uncertainties. I highly recommend The Flaw of Averages.’ William J. Perry, Former U.S. Secretary of Defense. You can follow any responses to this entry through the RSS 2.0.

acasoanalytics.wordpress.com

On average, our customers have one breast and one testicle – the problem of forecasting | Billy Boyle Blog

https://acasoanalytics.wordpress.com/2010/07/17/on-average-our-customers-have-one-breast-and-one-testicle-–-the-problem-of-forecasting

On average, our customers have one breast and one testicle the problem of forecasting. The ‘ Flaw of Averages. 8216; is alive and well in sales forecasting in CRM software. I have fallen in love with salesforce.com (big time) and have been playing about with the forecasting module; great, but is doesn’t capture the binary nature of a sales opportunity. If I have an opportunity for $100k and assign a subjective probability of 60% that we will get it, what should we put in a forecast? What does it do?

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OR at Work: Is Big Data Objective, Truthful and Credible?

http://john-poppelaars.blogspot.com/2015/01/is-big-data-objective-truthful-and.html

This blog is about Operations Research applications in practice. I would like to share my experience and ideas with other practitioners in this field and invite them to react. Sunday, 18 January 2015. Is Big Data Objective, Truthful and Credible? As if massive data sets and some predictive analytics always will reflect the objective truth. But can big data really deliver on that promise? Is big data objective, truthful and credible? Source : IBM Global Data Growth. Can we treat all that new data the same...

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A Personal Finance and Investing 101 blog that delves into current events, consumer education, and techniques to improve your bottom line. My Plan to Beat the Lending Club, Peer-to-Peer Investing Average. Filed in Investing 101. Peer to Peer Lending. Shutting Down My Lending Club Investments over Q&A Change. December 2010 Update: Earning 15.6% NAR on Lending Club investment portfolio. I’ve been flirting with the idea of Peer-to-Peer Lending. A webinar with Scott Langmack of PeerLendingWealth.com and ...

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http://missmentor.com/the-beauty-of-data-visualization/2011/02/08

Knowledge and Uncommon Common Sense. The beauty of data visualization. February 8, 2011. David McCandless discusses the beauty of data visualization . . . before you say, “This doesn’t sound like something I’d ever care about,” let me put it another way. He can tell you when you are going to get dumped. That might have some advantages. An example of what this might look like in the world at large based on a topic we’ve discussed here before – Gender and Mathematics skill level. So the story isn’t t...

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flawofaverages.com

The Flaw of Averages

Plans based on average assumptions are wrong. Statistical uncertainties are pervasive in decisions we make every day in business, government, and our personal lives. Sam Savage's lively and engaging book gives any interested reader the insight and the tools to deal effectively with those uncertainties. I highly recommend The Flaw of Averages.". William J. Perry,. Former U.S. Secretary of Defense. Nobel Laureate in Economics. Author of How to Measure Anything. Sam Savage is the Edward Tufte of Risk.".

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