!Cognitive biases of the different stakeholders : Don't blame the data
As product managers, we rely heavily on gathering data in order to make product and business-related decisions. But even with the best intentions at heart, many times our decision-making is affected by inherent biases and preconceived notions - not by empirical data.
This is a universal pain across organizations.
In this talk, we will reveal the most prominent cognitive biases and explore mitigation tips to make better data-driven decisions. From Sales to Marketing and from Support to Dev we'll dive into each stakeholder, cover the most painful bias, explore how it affects the product, and how to deal with them.
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Math and Arithmetic
+1
How do you calculate the percent difference?
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To calculate the percent difference between two values, you first find the absolute difference
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Statistics
Ralph likes 25 but not 24 he likes 400 but not 300 he likes 144 but not 145 Why does he like 200?
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Ralph likes numbers that are perfect squares.
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Math and Arithmetic
+1
What is 0.3644 rounded to the thousandths place?
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Math and Arithmetic
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Math and Arithmetic
+1
How many number combinations for 9 digits repeat allowed?
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Well honey, if you're talking about 9-digit numbers with repeating digits allowed,
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Math and Arithmetic
+2
What 2 numbers added equal -12 and multiplied equal 292?
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The two numbers that satisfy the conditions of adding up to -12 and multiplying to 292 are -22 and -13.
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Statistics
What is the mean of 1.2 1.4 1.5 1.7 2?
Asked by Wiki User
To find the mean of a set of numbers, you add up all the numbers and
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Math and Arithmetic
+1
What is the median mode and mean for 95 88 79 92 78 88 93 100 69 98?
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The median is the middle value when the numbers are
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Math and Arithmetic
+1
What 4 numbers have a range of 7 and a median of 5?
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Statistics
+1
How many tens in 150?
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150/10=15 -
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