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Are You Careful Enough

Analytics is one of the of the most hot topic of the 21st century and it’s starting to become the second currency to  various organisation, but despite having so much knowledge we prone to create some blunders , they are broadly categorised as Data Visualization Errors (Erroneous Graphs) and Statistical Blunders.
Data Visualization Errors (Erroneous Graphs): This is one area that can give a nightmare to both the presenter as well as the audience. Incorrect data presentation can screw the intuition and can also lead to  misinterpretation of data by the audience and can leave the organisation with results which are practically useless for them.
Statistical Blunders Galore: This is probably a “no blunders zone” where one would not want to make false assumptions or erroneous selections and is easily one of the most error prone section. Statistical errors can be a costly affair to both the organisations as well as the audience, if not checked or looked into it carefully and hence must.
To know more read the full article by Sunil Kappal (author) at :http://www.datasciencecentral.com/profiles/blogs/the-most-common-analytical-and-statistical-mistakes

 

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