The Flaw of Averages and What to Do About It,
a new book by Dr. Sam Savage, will be released in 2008. In the meantime you can enjoy a preview by reading Dr. Savages article from the San Jose Mercury News.

Other links of interest.

Published Sunday, October 8, 2000, in the San Jose Mercury News
Copyright ©2000 by Sam Savage


The Flaw of Averages states, in effect, that: "Plans based on average assumption are wrong on average."
An apocryphal example concerns the statistician who drowned while fording a river that was, on average, only three feet deep, as depicted in the sensitive portrayal above by cartoonist Jeff Danziger.