How to Lie with Statistics Book Summary (PDF) by Darrell Huff

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Why This Book Matters:

How to Lie with Statistics informs readers about the manipulation of statistics and how well-known brands use them to lure innocent consumers into buying their products.

The Big Takeaways:

  1. Deceiving has become easier with so-called “authentic statistics.”
    1. If Consumers fall victim to the numbers of “percentage” claims labeled on various products.
  2. Brands and service providers utilize averages to their advantage while fooling the public.
    1. Businesses use the principles of average to trick the public.
  3. A powerful combination of scrutiny, skepticism, and awareness helps debunk false claims made by companies.
    1. You must differentiate between false claims and authentic ones by utilizing a skeptical and analytical approach.
  4. You must learn to spot the impactful error of “too good to be true.”
    1. There is a simple method of locating a standard error in a statistic that is too perfect to be true.
  5. Limited studies can produce biased statistics about a product or service.
    1. There are easy ways to spot biases in a study/statistic about a product or service.

Want To Keep Reading?

  1. Read A Longer Form Summary on Blinkist
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