One of the quickest ways to become a smart consumer of statistics is to translate raw numbers into percentages, and raw increases into percentage gain. Percentages are not just an alternate way to present a statistic. They can give you a broader sense of the relative size of the statistic you are looking at. They [...]
Via dailyinfographic.com Questions: 1. How many employees do you have to have under to be called a “small business”? 2. What qualifies as a small business? If I sell things ocassionally on Amazon.com or Etsy, is that a small business? If am the CEO of Walmart, but create a small one person company to invest [...]
1. Name three things this graph tells you. Deal with the significance of the standard deviation if possible. 2. Name three things it doesn’t. 3. Apply at least one aspect of the COMPARABLE framework to it explicitly.
From http://www.dartmouth.edu/~benv/files/poll%20responses%20by%20party%20ID.pdf YouGov interviewed 1056 respondents who were then matched down to a sample of 1000 to produce the final dataset. The respondents were matched on gender, age, race, education, party identification, ideology, and political interest. YouGov then weighted the matched set of survey respondents to known marginal for the general population of the [...]