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Archives for July 2012 « Recent Articles

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The performance management system of "stack ranking" has been in the news this week. Stack ranking is controversial for a number of reasons but our particular bugbear is that it is an example of the broader misunderstanding and misuse of statistics that is endemic in many organizations. As we move into the age of Big Data, understanding what statistical probabilities indicate will become dramatically more important. Organizations need to start getting this right as soon as possible.

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