Why summary metrics lie | Anscombe's Quartet and KPIs | Data Smarties

Why summary metrics lie | Anscombe's Quartet and KPIs | Data Smarties

Are your business KPIs telling you the whole story?

In our first episode of Data Smarties, Dale explores:
– How summary metrics can lie
– Anscombe's Quartet
– Why you should always break down your KPIs.

Learn more about building live KPI dashboards with Geckoboard: https://www.geckoboard.com/

Chapter titles

00:00 – Intro

00:28 – Summary metrics

01:03 – Anscombe's Quartet

02:51 – Example 1: Monthly Recurring Revenue (MRR)

04:00 – Example 2: First Response Time (FRT)

Credits
Music by Mikel: https://www.youtube.com/watch