Human beings try to find patterns to explain the reason behind almost every phenomenon, but that doesn’t mean that there is a pattern to rely on. Superstitions are a classic example where spurious patterns were generalized to explain many a phenomena. As Analysts, we are on the lookout for patterns and quite often, either knowingly or unknowingly we rely on spurious patterns. Let’s take a look at some spurious patterns in univariate, bivariate & multivariate analysis…
The Fallacy of Seeing Patterns
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