Add Yahoo as a preferred source to see more of our stories on Google. Most LSAT prep programs focus on question types as they relate to the logical reasoning section. This is a good approach, as ...
UNDERSTANDING RESEARCH: What do we actually mean by research and how does it help inform our understanding of things? Today we look at the dangers of making a link between unrelated results. Here's an ...
One of the first things taught in introductory statistics textbooks is that correlation is not causation. It is also one of the first things forgotten. – T. Sowell Correlations are often mistaken for ...
Paul Kaplan: Quoting Benjamin Disraeli, Mark Twain famously quipped, "There are three kinds of lies: lies, damned lies, and statistics." In the field of investments, in which we rely heavily on ...
Causation and correlation may sound alike but are very different. The former means the root of subsequent events, while the latter refers to an actual or apparent relationship between trends in which ...
The rooster thinks he summons the sun because the sunrise always follows his crow. Correlation, at its worst, is a very confident rooster. For decades, our data economy has run on the same illusion: ...
There’s an old saying that goes, “figures don’t lie, but liars can figure.” But sometimes even the figures can spin a confusing story. That’s why I’ve always appreciated the power of understanding ...
"I read it as a joke!" one student chortled. "It definitely wasn't completely serious, was it?" another asked as she shook her head in disbelief. The intimate group of nine students—which includes a ...
A comment posted by a reader on a recent post reprimanded me for suggesting that marijuana caused relationships to go bad. In this instance the reader was mistaken, as I had specifically used the word ...
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