Chemi & Giorgi's "The Pay-for-Performance Myth"

UPDATE: The link listed below is currently not working. I've talked to Ariana Giorgi about this, and she is working to get her graph up and running again via Bloomberg. She was kind enough to provide me with a provide me with alternate URLs to the interactive scatter plot as well as a link to the original text of the story. Ariana is doing a lot of interesting work with data visualizations, follow her on Twitter or hit up her website.

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This scatter plot (and accompanying news story from Bloomberg News) demonstrates what a non-existent linear relationship looks like. The data plots CEO pay on the x-axis and stock market return for that CEO's organization on the y-axis. I could see where this graph would also be useful in an I/O course in discussions of (wildly unfair) compensation, organizational justice, etc.

http://www.bloomberg.com/bw/articles/2014-07-22/for-ceos-correlation-between-pay-and-stock-performance-is-pretty-random

If you go to the website, the scatter plot is interactive in that you can cursor over the individual data points in order to see the person who it represents.

Ways to use funny meme scales in your stats classes

Have you ever heard of the theory that there are multiple people worldwide thinking about the same novel thing at the same time? It is the multiple discovery hypothesis of invention . Like, multiple great minds around the world were working on calculus at the same time. Well, I think a bunch of super-duper psychology professors were all thinking about scale memes and pedagogy at the same time. Clearly, this is just as impressive as calculus. Who were some of these great minds? 1) Dr. Molly Metz maintains a curated list of hilarious "How you doing?" scales. 2) Dr. Esther Lindenström posted about using these scales as student check-ins. 3) I was working on a blog post about using such scales to teach the basics of variables. So, I decided to create a post about three ways to use these scales in your stats classes: 1) Teaching the basics of variables. 2) Nominal vs. ordinal scales. 3) Daily check-in with your students. 1. Teach your students the basics...

Leo DiCaprio Romantic Age Gap Data: UPDATE

Does anyone else teach correlation and regression together at the end of the semester? Here is a treat for you: Updated data on Leonardo DiCaprio, his age, and his romantic partner's age when they started dating. A few years ago, there was a dust-up when a clever Redditor r/TrustLittleBrother realized that DiCaprio had never dated anyone over 25. I blogged about this when it happened. But the old data was from 2022. Inspired by this sleuthing, I created a wee data set, including up-to-date information on his current relationship with Vittoria Ceretti, so your students can suss out the patterns that exist in this data.

Logical Fallacy Ref Meme

So, I love me some good statsy memes. They make a brief, important point that sticks in the heads of students. I've recently learned of the Logical Fallacy Ref meme. Here are a couple that apply to stats class:

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