Lies, Damned Lies, and Graphs

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 Responses to “Lies, Damned Lies, and Graphs”

  • 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.)

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