The best stats you’ve ever seen insights by shesha

1. By Hans Rosling

2. In a research the probability of telling
correct child mortality rate was about 1.8

3. The actual probability would at least be
around 2.5 (for 5 questions)

4. #1 INSIGHT
Statistical data often provides insights about the
world which contradict common sense

5. We generally tend to answer from what we
know

6. For a manager it is important to analyse
issue based on data and facts rather than
based on common sense

7. Managers should avoid taking biased
decisions

8. #2 INSIGHT
If we don’t look in the data we underestimate
tremendous change

9. Upon looking at a particular data , they
realised that it was social change before
they saw economic change

10. Improvement of the world must be highly
contextualised

11. Every manger should pose a question
“Why are we not using the data we have ?”

12. If they use the data properly, they will be
able to take better decisions

13. A visually interesting demonstration of data
can lead to better understanding of data
and hence better solutions

14. THANK-YOU

15. Submitted for internship “Data Analytics”
under Sameer Mathur,IIML
By,
Sheshasai Venkatesh
Vasavi college of engineering