SOME OF OUR LATEST THINKING
BUSINESS MODELING
Adopted public policies affect everyone—they're called public for a reason after all. Nowhere is this truer than in the realm of defense policy.
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It’s useful to distinguish two types of average measures: Simple average (or arithmetic average) and weighted average. Both—simple and weighted averages—are widely used in practice but each type is more appropriate to use than the other for certain purposes and applications.
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If you ask a group of data analysts and data visualization experts to choose the most important chart type to display data, most probably “The scatterplot” would be the response you’ll get. And they have a point.
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When you look at correlation, when you hear correlation you’ve got to be suspicious. Learn how not to be fooled by relationships that are completely spurious.
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