Category Recycled Ideas

Think About What You’re Sharing Online: Is That Statistic Really Accurate?

Fake StatsThere is a lot of information being shared on the Internet.

This is great if it is used to entertain, mobilize people to action, or help people make educated decisions.

The problem is that people often share things online without really thinking about what they’re sharing. This leads to the spread of misinformation, rumors, or even the dreaded fake news.

When evaluating the validity of the information that we share, we need to look at the words that are used and the statistics that are provided as supporting evidence.

This post focuses on the latter—the statistics.

This is a topic that I have written about a few times in the past.

In fact, each of the subheadings listed below is a headline or title of a former blog post.

I feel it’s time to revisit these posts, because the lessons that can be learned are of the utmost importance.

The Importance of Reliable Sources

Maybe the most important thing to do when evaluating the data that you see online is to ask yourself whether or not the source providing the information is credible.

If the source is unknown to you, be skeptical.

If the information is coming from a reliable news outlet, chances are the information was fact-checked.

However, with the increased emphasis to be the first one to report the news, even the experts make mistakes. Typos are inevitable. After all, the writers are human—at least they are most of the time.

Therefore, it is often a good idea to check with the original source before making any major business decisions based on data you find on the Internet.

Mind Your Bases When Analyzing Data

Checking with the original source is also a good idea because percentages can be misleading.

In fact, if we don’t know what population the percentages are based on, then the percentages are virtually useless.

Furthermore, if only part of the data gets shared or data tables get recreated, an incorrect population or subpopulation is often assumed. In this case, the percentages can be extremely misleading.

A similar thing can occur if quotes are taken out of context.

If you have the time, I strongly recommend that you read my original blog post on this topic, as it goes into further detail about the importance of knowing what population or subpopulation percentages are based on.

A Lesson Worth Remembering: Correlation Doesn’t Imply Causation

This one is pretty self-explanatory, but it is also one of the things that we’re all guilty of forgetting from time-to-time.

It is therefore not surprising that many college professors try to drive this lesson into the minds of their students.

The key thing to think about here is that when analyzing data, you can’t always assume that just because there is a positive or negative correlation between two variables, that one is causing the other to occur.

In some cases, it might be a third unknown variable that is influencing the change in one or possibly both of the original variables.

Weight – Are Your Survey Results Biased?

This topic might be getting into the weeds a bit, but I feel it is important enough to bring up.

If the data that is being reported is not based on a complete census of a population, then there is inevitably going to be a disproportionate number of respondents from a demographic group that can lead to biased data.

Weighting is basically a way to be sure that the data that you are using to make population estimates actually reflects the true population distribution.

For example, according to the United States Census Bureau, 50.8 percent of the 2010 Census population were female, while 49.2 percent were male.

Now, assume that we conducted a research project in 2010 where two-thirds of the respondents were female. If female respondents are also more likely to respond one way or the other on a particular question, then the estimate for the overall percentage of United States citizens who feel one way or the other for that topic would be biased.

This is something that I think many people who are conducting survey research today often overlook.

While weighting your data might not seem like a big deal, it can potentially have a huge impact on the overall estimates of the averages, ratios, proportions, or percentages for a given population.

Again, if you want to learn more, check out the original blog post that I wrote in 2011.

Final Thoughts

If you spend any time reading information shared on social media, you know that there are a lot of statistics being cited to support opinions about all sorts of topics.

Sometimes the statistics are coming from a reliable source. On the other hand, sometimes it seems like the numbers were just made up. In other words, they are fake statistics.

As I have pointed out in this post, even if the data is coming from a reliable source, it is often a good idea to check with the original source before making any business decision that will have a big impact on your company.

A lot of things can happen when data is passed on from one person to another online.

As I have said before, it is ultimately the responsibility of the consumer to make sure that the information is factual before making decisions based on what he or she read, hears, or sees on the Internet.

Hopefully, this post will help give people some idea of what to look for when deciding what statistics to believe and what ones to dismiss.

Photo credit: craftivist collective on Flickr. (Creative Commons Attribution 2.0 Generic license – CC BY 2.0.)

Chad Thiele

Marketing analyst and strategist, content curator, applied sociologist, proud UW-Madison alumnus, and an Auburn-trained mobile marketer. My goal is to help businesses identify trends that will help them achieve their marketing objectives and business goals. I'm currently looking for my next career challenge. Please feel free to contact me anytime at: chadjthiele@gmail.com.

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A Lesson in Recycled Ideas

Photo credit: cleong on Flickr.For those of you who are still students or have school-age children, you are most likely taking some time off to relax in the summer sun (or, at least, you’re wishing that you were.)

If this is the case, the classroom is probably one of the last things that you want to think about.

However, that is exactly what I am about to ask you to do.

Next month, many students will be heading back to classes all over the country.

The new academic year brings with it the opportunity for students to talk with old friends, meet new people, share the latest gossip and possibly start new romantic relationships. It also brings with it new challenges in the classroom.

In each class that they will take, students will hopefully be introduced to ideas that will help prepare them for the rest of their lives.

If you look at what students will be taught, many of the lessons that they will learn in the classroom are not new at all. In fact, many of the concepts that they will be taught are the same ones that their parents and grandparents learned when they attended school.

However, these ideas will be introduced to the students for the first time.

Making Something Old, New Again

I feel that introducing old ideas to new audiences is a very useful concept to keep in mind, no matter what your chosen profession is.

I first wrote about this in a post on my Tumblr blog, earlier this year. In the post, I pointed out that movies borrow ideas from other movies and give them a new creative spin. I also briefly talked about how ad agencies use ideas from pop culture to sell products to consumers.

And, as I mention in the post, this concept can be useful in other professions, as well.

Here is the final paragraph from that post:

“While original ideas should be valued, they are not [always] required. If you can put a new twist on an old idea, you can give new life to that idea. Furthermore, as the audience changes, the original idea can be reintroduced for the first time. It pays to look at what worked in the past to see if you can make something old, new again.”

I added the word “always” this time around, because there are times where original thought is required. NASA’s space race with the Soviet Union is a perfect example of how sometimes new things need to be invented in order to achieve a goal.

However, we don’t always need to reinvent the wheel to get to where we want to go.

It is often useful to learn from the people who have gone before us. That, after all, is what education is all about.

In the future, I plan to blog about products and situations that illustrate this point.

But, for now, I just wanted to get you thinking about the concept and how it might be useful to you in your business.

Some people reading this post might say that I am stating the obvious. However, I have learned that sometimes it pays to state the obvious, as the obvious is not always that obvious.

With that said, enjoy your weekend. Class dismissed.

Photo credit: cleong on Flickr.

Chad Thiele

Marketing analyst and strategist, content curator, applied sociologist, proud UW-Madison alumnus, and an Auburn-trained mobile marketer. My goal is to help businesses identify trends that will help them achieve their marketing objectives and business goals. I'm currently looking for my next career challenge. Please feel free to contact me anytime at: chadjthiele@gmail.com.

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