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DTSTAMP:20261001T235818Z
DTSTART:20270219T160000Z
DTEND:20270219T180000Z
SUMMARY: CFO Series: Precise but Wrong: Everyday Analytical Errors
DESCRIPTION: Leaders and clients depend on us for our insight\, analytical skills\, findings\, and recommendations. They need us to help make critical decisions\, and sometimes we fail. Some of the common beliefs that we treat as guaranteed facts include: 
&#x09\;More data will lead to better analytical results
&#x09\;The 'Bell curve' is universally applicable
&#x09\;Precision means accuracy
&#x09\;Relationships are linear
&#x09\;Correct data leads to better results
&#x09\;Correlation means causality
&#x09\;Fast answers are the correct and best answers
&#x09\;Our data is perfect\, etc. 
Each of the previous will lead to more errors. We need to audit our own analytical tools to assess where and how we are inadvertently delivering bad findings. The focus is to re-examine our analytical processes. Our constituents depend on us\; we cannot let them down.
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