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.&#.

Southern California Sees $1.9 Billion In Q1 Deals, Biggest Since Dot Com Boom

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venture capital quarterly pricewaterhousecoopers moneytree southern california angeles orange county diego investment statistics Southern California saw a staggering $1.9

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L.A. Tech Wages Rising Fastest in the Nation

L.A. Business Journal

Bureau of Labor Statistics compiled in a report by downtown real estate investment firm Jones Lang LaSalle Inc Los Angeles County tech wages are growing faster than the earnings of tech employees in the nation’s other big cities, according to data from the U.S.

Southern California's Top 10 Most Popular Tech Stories Of The Year

socalTECH

end-of-the-year coverage, we've run through our web statistics and figured out which were the. launch startup statistics popular feature stories year roundup techWhat was Southern California's technology community most interested in 2012? As part of our.

Edmunds.com Provides New Car Data

socalTECH

edmunds data industry statistics vehiclesSanta Monica-based Edmunds.com , which provides online information about automobiles, said last week that it has launched a new tool to provide new car data for the automotive industry.

Disney Accelerator Alumni StatMuse Picks Up $10M Round

socalTECH

StatMuse develops natural language search software and a social interface, which helps fans push out statistics about their favorite teams; the company currently has a deal with the NBA to offer up its service to fans of the league. accelerator disney techstars social software stats statistics media sports capital venture statmuse

Snapchat Sued By Ex Employee

socalTECH

The lawsuit, filed by Anthony Pompliano, claims that Snapchat used false statistics on user numbers to recruit Pompliano from Facebook, and that Snapchat has since made it difficult for him to find a new job. Venice, California-based Snap, Inc. , the parent company of Snapchat , has filed lawsuit in the Los Angeles County Superior Court, alleging that he was fired for refusing to tell lies to potential IPO investors.

Entrepreneurs Should Create A Degree – Not Buy One Off The Rack

InfoChachkie

Statistics. Gain enough of an understanding of statistics that you can quantify risks and the probabilities of potential outcomes. A version of this article previously appeared on Forbes. Entrepreneurs create their own jobs, why shouldn’t they also create their own degrees?

Class 73

Los Angeles Ranks Among Top AngelList Cities

socalTECH

The Los Angeles area ranks among the top markets for activity on the angel investment service AngelList , according to new statistics released by the service Monday. According to AngelList, Los Angeles was third in the list of top five locations with activity on the service. That list included Silicon Valley, New York, Los Angeles, London, and Chicago. AngelList helps broker individual angel investments in startups.

The Resetting of the Startup Industry

Both Sides of the Table

That’s economics (or statistics) for asking whether price ratios of how investors value companies was simply coming back to historical norms. Much has changed in the past four months of the technology startup world and how outsiders value the business.

LA Leads In Entrepreneurs, Says Report

socalTECH

A new study released by the Kauffman Foundation this week shows that the Los Angeles-Long Beach-Santa Ana Metropolitan Statistical Area (MSA) has the highest number of entrepreneurs per 100,000 people, of the top fifteen largest MSAs.

Startups: What are your odds for success?

Berkonomics

Well, the numbers don’t lie, even if there are several sources of these statistics. Bureau of Labor Statistics states that 50% of all businesses survive five years or more, and about one-third survive ten years or more.

GoPollGo, With Idealab Backing, Launches Twitter Polling Service

socalTECH

GoPollGo, which is based in Palo Alto, said it is bringing online polling with real-time analytics, all based on posting polls to Twitter followers and gathering real-time statistics, geolocated responses, and more. Pasadena-based Idealab has made another investment in a Twitter-related service, in GoPollGo , which said today that it has launched an online polling service based on Twitter.

Layoffs Take Big Toll In California In 2009

socalTECH

According to statistics gathered by the US Department of Labor's Bureau of Labor Statistics, during 2009, employers in California took 6,377 mass layoff actions, which resulted in the loss of 532,028 jobs in the state.

Draftpedia Aims At NFL, NBA Fans

socalTECH

draft statistics stats sports sporting players history smartphone itunes draftpedia Are you a fan of the NFL or NBA--and wish you had an easy reference to the players and picks in the draft for those two sports leagues?

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.

Fixing Tech’s Gender Problem Starts With Company Culture

InfoChachkie

Notwithstanding this discouraging statistic, there’s hope, as an increasing number of companies are proactively pursuing diversity of thought within their workforce. A version of this article previously appeared in Forbes.

Goodreads Connects To Facebook Timeline

socalTECH

According to Goodreads, users can now get information about what books they've read each month and year through Facebook timeline, as well as statistics like how many books you read, how many pages read, and other tracking. Los Angeles-based book community website Goodreads has connected the service to Facebook Timeline, Facebook's new feature which lets users look back what they were doing at any time.

Sorry Professor, The American Dream Is Not Dead

InfoChachkie

I realize it is an easy statistic to measure, but it is a pretty thin slice of data from which to boldly proclaim that, "the American Dream is an Illusion.". A version of this article previously appeared in Forbes.

Frameworks Round 3

TechEmpower

Timed tests means Wrk''s computation of latency statistics is more accurate for high-performance frameworks. We''ve previously posted two rounds of results of benchmarking many web application platforms and frameworks. The community''s response remains strong!

When Does Your Company Need to Graduate to Data Science?

Tech Zulu Event

Data Science vs. Statistical Analysis. Data science differs from traditional statistical analysis and computer science in that scientific method is applied with data collected using scientific principles. Whether you know it or not, you’re in the data business.

Streamlining The Sports Recruiting Process with FieldLevel

socalTECH

That''s the quantitative analysis of statistics to find players. But, we believe that the process doesn''t work at the high school level, because those statistics are not reliable. How do you take a process--recruiting of athletes--and make it more efficient, without getting in the way?

Coach 66

LA Leads In Entrepreneurs, Says Report

Tech Coast Venture Network

A new study released by the Kauffman Foundation this week shows that the Los Angeles-Long Beach-Santa Ana Metropolitan Statistical Area (MSA) has the highest number of entrepreneurs per 100,000 people, of the top fifteen largest MSAs.

Why on Earth Would Anybody Post Business Videos on Snapchat?

Both Sides of the Table

Of course I fund people outside of that age range but statistically startup founders of VC-backed tech companies are more likely in that range.

Acadia Drug Shows Early Promise in Treating Alzheimer’s Psychosis

Xconomy

San Diego-based Acadia (NASDAQ: ACAD ) reported that patients treated in an exploratory study with its drug pimavanserin showed a statistically significant reduction in psychosis compared against a group given a placebo. An Acadia Pharmaceuticals drug developed to treat hallucinations and delusions experienced by Parkinson’s disease patients is now showing signs it could also treat similar psychoses associated with Alzheimer’s disease.

Famous Birthdays Focuses On Finding Celebrity Facts

socalTECH

From the annual search statistics from Google and Bing , it''s clearly information about celebrities. What are the most searched for things on the Internet? A Santa Monica startup, Famous Birthdays , looks to have carved out quite a niche in the area, with its online list of (you guessed it), famous birthdays. The service says it has more than 30,000 profiles of famous people, with quick facts about them.

Demo Video Lab | Crowdfunding Secrets to Success

Tech Zulu Event

Statistics show that 60% of projects on crowdfunding sites fail to reach their funding goals. On Saturday February 9, Demo Video Lab is holding a one-day event to teach secrets to successfully launching a crowdfunding campaign.

Broadcom: Study Shows Different Connectivity Personalities, Types

socalTECH

Broadcom did not say who it commissioned to run the survey, or any of the statistical validity of its survey. Are you an "Always On", "Social Skimmer", or one of seven personality types, when it comes to connecting to the digital world?

Study 21

Hulu Tops 50,000 TV Episodes, Plans New Original Series

socalTECH

Los Angeles-based streaming video site Hulu has been in New York this week pitching its service to advertisers at its Hulu Upfronts event, revealing today four new original series, plus some statistics on the service. Hulu said it has added "We Got Next", "The Awesomes", "Don't Quit Your Daydream" and "Flow" as new upcoming series rolling out on the service this year and beyond, as it expands its own original content efforts.

What Startups Can Do About Cyber Attacks

Xconomy

These statistics belie the common notion that cybercriminals attack only big businesses.

Jacked Inks Deal With NBA

socalTECH

Jacked provides sports information, including scores, statistics for players, chat, blogs, play-by-play, merchandise, and more via the web, synchronized real-time with broadcast sports games. Santa Monica-based Jacked, a provider of second screen information for sports broadcasts, said Monday that the firm has inked a deal with the NBA. According to Jacked, it will provide an interactive, second screen companion to a number of NBA teams.

SpeakerText | Video to Text Conversions

Tech Zulu Event

As content creators, these statistics are daunting. The average video on a website has a half-life of six days. This means that 50% of the videos lifetime views will happen in that time frame. After twenty one days over 75% of views will occur. The content of a video can in many instances provide amazing sound bytes and SEO friendly lines that unfortunately never get tracked. Visit TechZulu for full story.

How Cloudvirga Wants To Disrupt The Slow, Antiquated Mortgage Industry

socalTECH

If you look at some of the statistics, getting a home loan is like pulling teeth, and it gets very poor customer ratings. For anyone who has ever gotten a mortgage for a home, they know it's a very slow, antiquated, frustrating, and time consuming process. It's also very expensive and complex for lenders.