Monday 28 September 2015

Book Review: How to lie with statistics

Published in 1954, this classic book pretends to educate us on how to lie with statistics. But the real and noble intent is to make us aware of pitfalls of blindly trusting statistics. It provides detailed elaboration along with illustrations, on how statistics can be used to deceive facts. In final chapter, it provides a list of five simple questions to ask, which can help uncover the truth. Indeed, this book is very useful reading for every manager.