QuickRead Podcast - Free book summaries cover image

Summary of How to Lie With Statistics by Darrell Huff | Free Audiobook

QuickRead Podcast - Free book summaries

00:00

Why You Shouldn't Toss a Coin

Some companies will take advantage of this significance bias when trying to astonish customers with new products and services. For example, a tooth paste company might advertise its products by putting users report 23 % fewer cavities on its package. Using a small group allows for dramatic results that companies will use to sell their products or services. It is the law of averages a useful description or prediction. reliable studies must use a statistically significant sample to avoid significance biased results like the coin toss.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app