Kaiser Fung joins Andrew Gelman to challenge that intuition:
That statement is true if there is nothing else in the system but X and Y. In any real-world system, there are more than two relevant factors.
Tag: statistics
Ideal, Perception & Reality – a shocking fact about wealth distribution in the US [Video]
An incredible video story showing the stark differences between ideal, perception & reality of the American wealth distribution.
Dancing statistics: explaining the statistical concept of correlation through dance [Videos]
A four minute film demonstrating the statistical concept of correlation through dance. And Variance, Sampling, & frequency.
5 Statistics Problems That Will Change The Way You See The World – [Article]
You may not, like me, hate statistics – but this article shed some light into how it can be unconventionally applied in real-life situations!
Stunning statistics..
Shocking is all I can say.
6000$ for a house in Detroit? What’s going on here??
50 economic numbers from 2011 that are almost too crazy to believe