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Survivorship Bias in Business

Survivorship Bias in Business

What is your company doing to not get duped by the survivorship bias trap? I’ll give you a classic example of survivorship bias. You might recognize this picture if you’ve studied survivorship bias, statistics, or data visualization. In World War 2 the U.S. Military...
Let’s Have Data Fun with Excel: Auto Total

Let’s Have Data Fun with Excel: Auto Total

Let’s imagine you have a column of values in your spreadsheet and you need to easily calculate the total of all those values, aka figure out the sum. What you can do is, select all your values in the column and add an extra cell at the bottom. Next, on your keyboard...