Learnings Mental Models

The Anscombe Quartet: Unmasking the Illusion of Data and the Pitfalls of Decision-Making

Introduction In the realm of decision-making, our cognitive biases can often lead us astray, hindering our ability to make rational choices. One such mental model that exemplifies this phenomenon is the Anscombe Quartet. Named after the British statistician Francis Anscombe, this quartet consists of four datasets that share strikingly similar statistical properties, yet depict drastically […]