It Ain’t The
Meat It’s The Motion
It ain't the meat, it's the motionMakes your daddy wanna rock
It ain't the meat, it's the motion
It's the movement that gives it the sock
It ain’t the average, it’s the tolerance.
Engineers learn
that you can’t achieve perfection. You have to accept tolerance around the ideal,
what statisticians and other scientists call standard deviation, from perfection.
That means that you have to report both the average AND the tolerance to
determine if you have an acceptable batch. Reporting only the average is meaningless.
Many statistical agencies report only the average when they
should also be reporting the variance, the square of the tolerance. You need
both measures to judge a batch.
If the goal is to achieve growth then reporting the average
is part, and only part, of the story.
·
If the average is increasing and the
observations have a variance that is within acceptable limits then there
is growth;
·
If the average is increasing but the
observations have a variance that is NOT with acceptable limits then
there is no growth;
·
If the average is decreasing but the
observed variance is still within acceptable limits, there is growth;
and
·
If the average is decreasing and the
observed variance is NOT within acceptable
limits there is no growth.
Reporting the average without also reporting the variance does
NOT establish whether there is growth. It is easy enough to report the variance
in addition to the average. Most statistical packages can report both. Most statistical
packages can also plot both, the average and error bars around the average. (the error is the standard deviation divided by the square root of the number of
observations.)
Statistical reports should report variances, (aka Standard
Deviation, tolerances) in addition to averages. Reporting only averages gives an
incomplete and possibly misleading picture. It is reporting the meat without reporting
the motion. You are actually reporting the growth which is a vector and matrix
math applies. By only reporting the average, you are reporting the change in position without reporting any change in direction. You want to report both the observed average AND the acceptable tolerances.
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