How much is “Most People”?

How much is most peopleWhen I previously wrote about utilizing data and research in management, I mentioned that not always when people are using a certain word or term, they are understood the way they meant to. This is especially relevant when we’re trying to express quantities without using numbers. For example, how many people are “most people” or how frequent is “usually” ?

To answer this question all you need to do is to remember what you’ve learned in the basic Statistics course in college. When trying to describe a majority of anything, we can calculate an average. Everything in the range of one Standard Deviation from average value could be considered a majority. And since many human-related phenomena tend to distribute normally, you can tell exactly what per cent of people or cases is in the range of 1, 2 or 3 Standard Deviations from the mean (average) value.

Utilizing Data in Management Standard Deviation 1

Sounds boring already? This is where it actually gets interesting.

If you think about it a little more, you’ll see that if you know the exact percentages for every range, you can say exactly how much people would be considered “most”, how frequent is “rarely” and how many calories you lose by going to the gym “sometimes” 🙂

Utilizing Data in Management Standard Deviation 2

Of course, this system is not universal. If every 4 people out of 100 would win the lottery, would it still be “No one I know”? If an apple would not fall on the ground even one time out of 10,000, would it still be “very rarely” or more like “THIS IS THE DAY OF RECKONING!”?

Every phenomenon has its own relative standards of frequency, so in some cases mere percentages would not be enough. But in many other cases – they would, so just remember to stay on the right side of the curve 🙂 .

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