Category: Pharmaceutical Industry
How to Lie with Statistics: Navigating Complexity in Multivariate Systems
Part 1: Misleading Correlations and How to avoid them Statistics is a powerful tool for uncovering patterns, making predictions, and guiding decisions. However, it can also be misleading, especially when dealing with complex, multivariate systems where hidden variables influence outcomes. Misinterpretation—whether intentional or accidental—can result in incorrect conclusions, flawed policies, and misleading narratives. In this…