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Showing posts from March, 2007

Lies , Super Lies and Statistics

It is a lie, damn lie ! How confident are you ? Well, damn confident. Ok, can you go ahead and confront him . Of course YES - but why should I ? I can see that you are not so confident :), otherwise you had nothing to lose. How do you claim that ? S tatistics and nothing but Statistcs ! Well, here is what we can call a classic marriage of lies and statistics ! What was the confidence interval of the probability that the stance you have taken in accusing Mr X is is highly likely ( close to 1). I can tell you for sure that you can't possibly confront him until your confidence interval is more than 95% !. Alright, so above para might sound gibberish to some and familiar to some ! Point is , how much of real world problems can be solved by complex mathematics. It definitely gives you lot of fun to convert these problems into equations and numbers - Doesn't it ! And how do you solve those complex problems in class anyways - if not the real worl problems. Yeah - now that is inte