Do you want to understand numbers and statistics better? Astrid Groenewegen explains in her video what you can do to make this happen. It is all about perspective.
Meaningful numbers
Do you find it difficult to understand big numbers? You are not the only one. This is because processing numbers requires too much thinking. But sometimes, it is important that you do understand what the numbers are trying to tell you. For example, if it is about statistics about your health or welfare.
One important sector that uses a lot of numbers is the media and the news. Headlines guide your opinions and decisions. But we find it difficult to understand them sometimes. If a headline is talking about ‘33.000 gallons of drinking water’, do you know how much that is?
In an experiment, they tried adding anchors to numbers: adding a perspective that helps people interpret information much better. For example, 33.000 gallons of drinking water is about 2 average swimming pools.
What can you learn from this experiment? If you have to communicate a number, you should put it into perspective by finding an anchor. By using an anchor, you can make information much more meaningful for someone as it puts meaning to a value or statistic.
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