The *DP* illustrates a 30% drop in UVa’s endowment with a graph that gets 58% smaller. Not a lot of statisticians go into the news biz, I guess.

## 3 thoughts on “Lies, Damned Lies, and Graphs”

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*DP* illustrates a 30% drop in UVa’s endowment with a graph that gets 58% smaller. Not a lot of statisticians go into the news biz, I guess.

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This is a strangely common mistake in newspapers. Starting the y-axis of a bar graph at any number other than 0 is another frequent and misleading error.

At least they didn’t make it even worse and use spheres.

All things equal (and they never are) that can’t have been unexpected. The market was down about 38%, so UVa’s decline was less than the market. Which considering the long term outlook seems like we had decent mangers.

Perhaps the graphics people were to busy looking for moving boxes?

I don’t know which is geekier, Waldo’s original post or me arriving home and pulling out my millimeter ruler to measure the circles in the newspaper to check his figures. (I get a decrease of 57% from the area of circle 1 to circle 3, based on the dead-tree edition.)