Don't Miss a Thing
Free Updates by Email

Enter your email address

preview

powered by FeedBlitz

RSS Feeds



By Twitter: @thisissethsblog

Search

Google
WWW SETH'S BLOG

SETH'S BOOKS

THE DIP BLOG by Seth Godin




All Marketers Are Liars Blog




Blog powered by TypePad
Member since 08/2003

« Winning by telling the truth | Blog Home | bad news »

Lumpy curves

Jay Grieves points out that average is a little deceptive.

Outliers can change everything. One Bill Gates raises the average net worth of people at a conference by a whole bunch. Or as Zig Ziglar says, one foot in ice water and one foot in nearly boiling water means that on average, you're just fine.

The secret of thinking about average is to pick the right group. When you have a true bell curve, then you can start to figure out which slice you want.

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451b31569e200d83427d9c553ef

Listed below are links to weblogs that reference Lumpy curves:

» Math is Hard from fnokd!
Seth Godin, the bald leader of the Purple Cow Group (now playing in Vegas three times nightly) has been talking about averages lately. First, the realization that half the people you may be marketing to are going to be below average. Of course, he me... [Read More]

» Average from /sys/adm/log
Seth Godin referenced a great Zig Ziglar quote I just love: One foot in ice water and one foot in nearly boiling water means that on average, youre just fine. [Read More]

« Winning by telling the truth | Blog Home | bad news »