How to Lie with Statistics
Anscombe’s Quartet : Four sets of numbers that look identical on paper (mean average, variance, correlation, etc.) but look completely different when graphed. Describes a situation where exact calculations don’t offer a good representation of how the world works.
Morgan Housel • 100 Little Ideas
One of the most popular books is Darrell Huff’s How to Lie with Statistics, the best-selling statistics book of the second half of the twentieth century.
Thomas H. Davenport • Keeping Up with the Quants: Your Guide to Understanding and Using Analytics
Question 4: How is the data presented, and is the presentation misleading in any way? This question gets a whole chapter to itself (Chapter 9) because misleading statistical presentations are, unfortunately, very common in the media.