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73.6% of all Statistics are Made Up

Both Sides of the Table

Often when they do I throw out my favorite statistic: 73.6% of all statistics are made up. Here are some examples: - You ask a small sample set so that data isn’t statistically significant. This type of statistical error is known as “selective bias.&#. People throw them around at cocktail parties.

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ID Analytics Rolls Consumer Service

socalTECH

San Diego-based ID Analytics , a developer of software used by financial institutions and other companies to detect identity fraud, said this morning that it has launched a new, public service called MyIDScore.com , to help consumers figure out their risk for identity fraud. READ MORE>>.

Services 100
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7 Keys To A Winning Business As A Phone App Developer

Startup Professionals Musings

Yet according to other statistics, vanishing few of these ever generate a significant profit. The ideal business model is to establish a direct-to-consumer service that enables you to bill the customer directly. Position yourself to capitalize on the next frontier. Be aggressive and alert.

Develop 138
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7 Lessons For Mobile App Developers To Beat The Odds

Startup Professionals Musings

Yet according to other statistics, vanishing few of these ever generate a significant profit. The ideal business model is to establish a direct-to-consumer service that enables you to bill the customer directly. Position yourself to capitalize on the next frontier. Be aggressive and alert.

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Why You Shouldn’t Be Fooled by Your Own Expertise

Both Sides of the Table

I was influenced heavily before my career even began because in my undergraduate work I took a ton of statistics classes that showed how easily we human brains fall prey to easy biases and slights of data and try to draw conclusions that don’t exist. I read it just after I entered the Venture Capital industry more than a decade ago.

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Blockchain, Video Games, and the MLB: Interview with Randy Saaf, Lucid Sight

socalTECH

Lucid Sight recently announced a $6M funding round from such investors as the ML, Salem Partners, The Galaxy EOS VC Fund, Digital Currency Group, Breakaway Growth, Frontier Venture Capital, and Animoca Brands. I believe that gaming is one of the first touchpoints for consumers who are using new technology. What exactly is Lucid Sight?

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How Cloudvirga Wants To Disrupt The Slow, Antiquated Mortgage Industry

socalTECH

For anyone who has ever gotten a mortgage for a home, they know it's a very slow, antiquated, frustrating, and time consuming process. in funding, from Dallas Capital, Upfront Ventures, and Tribeca Angels. If you look at some of the statistics, getting a home loan is like pulling teeth, and it gets very poor customer ratings.

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