Do cents follow Benford’s Law?

October 5, 2011 | dan

Benford's law is an amazing thing. If you know the probability distribution that classes of "natural" numbers should have, you can detect where people might be faking data: phony tax returns, bogus scientific studies, etc. [Read more...]

Dollars and cents: How are you at estimating the total bill?

September 30, 2011 | dan

When estimating the cost of a bunch of purchases, a useful heuristic is rounding to the nearest dollar. (In fact, on US income tax returns, one is allowed to omit the cents). If prices were uniformly distributed, the following two heuristics would be equally accurate: * Rounding each item up or ... [Read more...]

Visualizations of US neighborhoods by race and ethnicity

September 22, 2010 | dan

HOMOPHILY + MAPS WITHOUT MAPPING SOFTWARE In the past, Decision Science News has posted about homophily (“birds of a feather shop together“) and cool, lightweight visualizations (“maps without map packages in R“). Today, both topics come together in Eric Fischer’s fascinating set of images on Flickr called “Race and Ethnicity”(*).  ... [Read more...]

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