An innumerate is a person unfamiliar with mathematical concepts and methods; unable to use mathematics; not numerate.<\/p>\n
For instance, the advertisement “The day without\u00a0 21% VAT!!”, in reality the product price does not decrease 21%, it just decrease 17,36%. In the advertisement it is always shown the 21% making you to believe that the discount is a 21% discount.<\/p>\n
It’s very easy to manipulate the opinion of the receivers of the information with the same data shown in a different way. We can see this every day in the newspapers, tv news and unfortunately on the politician comments.<\/p>\n
In PMO and project reporting there is a extended parameters that clearly shows you the finance\/schedule status of a project, so in this area the risk of innumeracy is lower.<\/p>\n
In corporate reporting, when you go far away of the finance closing reports, you can fall into the trap of the secondary reports that tries to show specific perspectives of a trend or situation of the business. You need to understand the filters and manipulation done to the figures and have a good amount of historic data to confirm or refute the chart.<\/p>\n
There are thousand ways to mislead people with numbers, you need to fight against your own innumeracy continually.<\/p>\n","protected":false},"excerpt":{"rendered":"