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Managerial Decision Making Misuse Of Statistics Article Reviews

Below you will find six sites relating to various misuse of statistics. For each you are to:

  • Study the material in the links below
  • Find, criticize, and analyze a real-world misuse for each of six types. Try to focus on business examples.

That is find your own examples of statistical misuse. For each of the six misuses you find, label your sections:

  • The Story, briefly summarize the story, and include URL or citation
  • The Flaw(s), explain what’s wrong with the stats usage
  • The Reason, hypothesize about the author’s motivated reasoning
  • The Lesson(s), as if to a relevant boss, apply critical thinking to explain how the usage would have to be redone to be valid

I would expect that you will probably need around 150 words for each of the six misuses you find – be clear but concise.

Finally, (that is after completion of all 6) summarize (~100 words) your insights from this exercise, with respect to improving your own decision-making

http://news.bbc.co.uk/2/hi/uk_news/magazine/7542886.stm

http://news.bbc.co.uk/2/hi/uk_news/magazine/7554022.stm

http://news.bbc.co.uk/2/hi/uk_news/magazine/756892…

http://news.bbc.co.uk/2/hi/uk_news/magazine/7581120.stm

http://news.bbc.co.uk/2/hi/uk_news/magazine/7592579.stm

http://news.bbc.co.uk/2/hi/uk_news/magazine/760511…


 
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