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  • Will You Add? - Present Statistics In Context

    Marketing A Struggle? Here's 6 Tips
    Struggle is Optional.Sounds great doesn't it? Who doesn't want to believe that?Those who promote this mantra argue that we often make things harder for ourselves than they need to be.They believe that we actually create our own struggle. And, that if we learn to just "allow" then success will flow naturally to us.There are a lot of people sellin
    now represents their “forfeited lifetime income”. That is what happened to this claimant, and the amount he would have lost was $750,000. So in fact, counsel was asking no more than the amount the man would have earned, had he not met with this unfortunate accident.

    Don’t you think the jury is more likely to agree when given this background explanation?

    Here are three ways to put figures in context for your audience.

    Projection Screens Are For Big Audiences
    Projection screens are special screens used to project an image for the audience. Movie theatres use projection screens on a wide scale. These screens are used in conferences or home theatres as well. The screens serve different purposes in different places. Therefore they are installed in various ways.The projection screens can be wall-mounted type, pull down type or mobile t
    “I didn’t have 3000 pairs of shoes. I had only 1600 pairs.” Imelda Marcos

    Everything’s relative. A million dollars sounds like a lot of money to someone who makes an average salary, but it’s a drop in the bucket to a Warren Buffett or a Bill Gates. Running a hundred metres in a few seconds seems like a miracle to ordinary mortals, but a track and field athlete will work hard to shave even more off that time.

    Yet presenters often quote statistics without benchmarks, so the audience doesn’t know how to evaluate them. Is $10,000 a lot of money? Well it is for a bicycle. It’s not much for a house, unless that house is in a small village in a third world country, where it might be exorbitant. If you quote numbers this way, you will lose the audience while they try to decide whether $125,000 is good, bad or indifferent in this context. Your statistics lose their power.

    In a presentation skills workshop for a group of lawyers, one participant was practicing his delivery of an address to the jury in an upcoming trial. He was asking for damages in the amount of $750,000, and hoped the jury would consider it reasonable. It’s quite a large sum, and most ordinary folks think of that kind of cash as a lottery win. He needed to put it in context for them.

    He might, for example, ask the jury to suppose they were thirty-five years old and earning a salary of $40,000 a year. By the time they reached the age of sixty-five, allowing for reasonable increases, they could expect to have earned a certain amount. (He would do the arithmetic and insert the actual sum.) That amount would be what is called their “expected lifetime income”. However, if they were involved in an accident and suddenly unable to work any more, that amount now represents their “forfeited lifetime income”. That is what happened to this claimant, and the amount he would have lost was $750,000. So in fact, counsel was asking no more than the amount the man would have earned, had he not met with this unfortunate accident.

    Don’t you think the jury is more likely to agree when given this background explanation?

    Here are three ways to put figures in context for your audience.

    1

    Can a Corporate Executive Really Use The Beautiful Mind; To guide decision making?
    I would like to comment on the “A Beautiful Mind” movie and the book, which was actually much better. I just finished reading another book on the similar side of John Nashs’ assertion of working together rather than competing against. That book was “Co-opetition.” By Adam M. Brandenburger (Havard guy)and Barry J. Nalebuff (Yale Dude). Many have been aware of such theory for quite a w
    ten quote statistics without benchmarks, so the audience doesn’t know how to evaluate them. Is $10,000 a lot of money? Well it is for a bicycle. It’s not much for a house, unless that house is in a small village in a third world country, where it might be exorbitant. If you quote numbers this way, you will lose the audience while they try to decide whether $125,000 is good, bad or indifferent in this context. Your statistics lose their power.

    In a presentation skills workshop for a group of lawyers, one participant was practicing his delivery of an address to the jury in an upcoming trial. He was asking for damages in the amount of $750,000, and hoped the jury would consider it reasonable. It’s quite a large sum, and most ordinary folks think of that kind of cash as a lottery win. He needed to put it in context for them.

    He might, for example, ask the jury to suppose they were thirty-five years old and earning a salary of $40,000 a year. By the time they reached the age of sixty-five, allowing for reasonable increases, they could expect to have earned a certain amount. (He would do the arithmetic and insert the actual sum.) That amount would be what is called their “expected lifetime income”. However, if they were involved in an accident and suddenly unable to work any more, that amount now represents their “forfeited lifetime income”. That is what happened to this claimant, and the amount he would have lost was $750,000. So in fact, counsel was asking no more than the amount the man would have earned, had he not met with this unfortunate accident.

    Don’t you think the jury is more likely to agree when given this background explanation?

    Here are three ways to put figures in context for your audience.

    Embroidering On Golf Shirts
    EMBROIDERING ON GOLF SHIRTSDigitizing and Embroidery TipsWHEN TO CHOOSE EMBROIDERYWhen adding a design or logo to a golf shirt (also called sport shirt, polo or corporate casualwear), embroidery makes a powerful statement. It adds depth and dimension to any garment and is often used to designate a quality manufacturer or an upsca
    power.

    In a presentation skills workshop for a group of lawyers, one participant was practicing his delivery of an address to the jury in an upcoming trial. He was asking for damages in the amount of $750,000, and hoped the jury would consider it reasonable. It’s quite a large sum, and most ordinary folks think of that kind of cash as a lottery win. He needed to put it in context for them.

    He might, for example, ask the jury to suppose they were thirty-five years old and earning a salary of $40,000 a year. By the time they reached the age of sixty-five, allowing for reasonable increases, they could expect to have earned a certain amount. (He would do the arithmetic and insert the actual sum.) That amount would be what is called their “expected lifetime income”. However, if they were involved in an accident and suddenly unable to work any more, that amount now represents their “forfeited lifetime income”. That is what happened to this claimant, and the amount he would have lost was $750,000. So in fact, counsel was asking no more than the amount the man would have earned, had he not met with this unfortunate accident.

    Don’t you think the jury is more likely to agree when given this background explanation?

    Here are three ways to put figures in context for your audience.

    Five Essentials of Customer Service for Web Hosts
    If you've been in the web hosting business for any length of time, you will already realize that keeping your servers humming along smoothly is only half of the equation. The other half is customer service. No matter how well your technology works, there will always be customer support issues. How you handle them is crucial to your success.In this article, I will offer 5 essen
    to suppose they were thirty-five years old and earning a salary of $40,000 a year. By the time they reached the age of sixty-five, allowing for reasonable increases, they could expect to have earned a certain amount. (He would do the arithmetic and insert the actual sum.) That amount would be what is called their “expected lifetime income”. However, if they were involved in an accident and suddenly unable to work any more, that amount now represents their “forfeited lifetime income”. That is what happened to this claimant, and the amount he would have lost was $750,000. So in fact, counsel was asking no more than the amount the man would have earned, had he not met with this unfortunate accident.

    Don’t you think the jury is more likely to agree when given this background explanation?

    Here are three ways to put figures in context for your audience.

    The Power Of Trade Show Marketing
    How many times have you been approached to exhibit at trade shows but declined? Exhibiting at trade shows can be a very powerful marketing weapon, but only if you understand who your market is and if these people will be attending the trade show in large numbers.Knowing your target customer is one of the most important principles in successfully building your business. You mus
    now represents their “forfeited lifetime income”. That is what happened to this claimant, and the amount he would have lost was $750,000. So in fact, counsel was asking no more than the amount the man would have earned, had he not met with this unfortunate accident.

    Don’t you think the jury is more likely to agree when given this background explanation?

    Here are three ways to put figures in context for your audience.

    1. Compare them to something to which they can personally relate, as in the courtroom example.

    2. Compare them to a similar situation. If a new manufacturing process takes fifteen minutes, mention that the old one took two hours, so we save 1-3/4 hours.

    For even more effect, tell them how much time this will save in an average shift or on a certain number of product units. Go further and translate that time into money and the statistic will now be a strong argument for change.

    3. Create vivid word pictures to illustrate size: That’s the equivalent of five football fields. That’s enough to fill ten Olympic-size swimming pools. If laid end-to-end they would stretch from New York to L.A. and back again.

    Statistics can be great persuaders, but only when the audience has the means to evaluate them.

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