When deciding how much to pay their senior executives, the directors at Jarden Corp.—the owner of brands including Yankee Candle, Rawlings sports equipment, and Bicycle playing cards—use what might seem to be an unlikely measuring stick: the top managers at Oracle Corp., the world’s largest data-base maker.
Last week, Bill Gates recommended that over the summer everyone should read the book How To Lie With Statistics. Since that's a book that I've also repeatedly recommended, I thought I give an example of how to use the book effectively.
According to the Centers for Disease Control and Prevention, the percentage of Americans who are overweight is…are you ready for this… a staggering 69%. Let me repeat that, 69%. As in over two-thirds. As in nearly seven out of 10 people.