Sufficiency

51 posts
McKinsey thinks the data world needs more dataviz talent

Note about last week: While not blogging, I delivered four lectures on three topics over five days: one on the use of data analytics in marketing for a marketing class at Temple; two on the interplay of analytics and data visualization, at Yeshiva and a JMP Webinar; and one on how to live during the Data Revolution at NYU. This week, I'm back at blogging. McKinsey publishes a report confirming...

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Plotted performance guaranteed not to predict future performance

Kaiser Fung (Junkcharts, Principal Analytics Prep) finds a chart on French financial instruments conveys a misleading message on relative returns while failing to describe the relative risks.

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No Latin honors for graphic design

This chart appeared on a recent issue of Princeton Alumni Weekly. If you read the sister blog, you'll be aware that at most universities in the United States, every student is above average! At Princeton,  47% of the graduating class earned "Latin" honors. The median student just missed graduating with honors so the honors graduate is just above average! The 47% number is actually lower than at some other peer...

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No Latin honors for graphic design

Kaiser Fung (Junkcharts, Principal Analytics Prep) explores the big shortcoming of pictograms, that they require readers to be bean-counters. The example comes from grade inflation data in the Ivy League.

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Two views of earthquake occurrence in the Bay Area

This article has a nice description of earthquake occurrence in the San Francisco Bay Area. A few quantities are of interest: when the next quake occurs, the size of the quake, the epicenter of the quake, etc. The data graphic included in the article fails the self-sufficiency test: the only way to read this chart is to read out the entire data set - in other words, the graphical details...

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The downside of discouraging pie charts

It's no secret most dataviz experts do not like pie charts. Our disdain for pie charts causes people to look for alternatives. Sometimes, the alternative is worse. Witness: This chart comes from the Spring 2018 issue of On Investing, the magazine for Charles Schwab customers. It's not a pie chart. I'm forced to say the pie chart is preferred. The original chart fails the self-sufficiency test. Here is the 2007...

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Beauty is in the eyes of the fishes

Reader Patrick S. sent in this old gem from Germany. He said: It displays the change in numbers of visitors to public pools in the German city of Hanover. The invisible y-axis seems to be, um, nonlinear, but at least it's monotonic, in contrast to the invisible x-axis. There's a nice touch, though: The eyes of the fish are pie charts. Black: outdoor pools, white: indoor pools (as explained in...

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When design goes awry

One can't accuse the following chart of lacking design. Strong is the evidence of departing from convention but the design decisions appear wayward. (The original link on Money here)   The donut chart (right) has nine sections. Eight of the sections (excepting A) have clearly all been bent out of shape. It turns out that section A does not have the right size either. The middle gray circle is not...

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The visual should be easier to read than your data

A reader sent this tip in some time ago and I lost track of who he/she is. This graphic looks deceptively complex. What's complex is not the underlying analysis. The design is complex and so the decoding is complex. The question of the graphic is a central concern of anyone who's retired: how long will one's savings last? There are two related metrics to describe the durability of the stash,...

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A pretty good chart ruined by some naive analysis

The following chart showing wage gaps by gender among U.S. physicians was sent to me via Twitter: The original chart was published by the Stat News website (link). I am most curious about the source of the data. It apparently came from a website called Doximity, which collects data from physicians. Here is a link to the PR release related to this compensation dataset. However, the data is not freely...

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