September 2018
Intermediate to advanced
392 pages
10h 16m
English
Content preview from Evidence-Based Management
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Figure 9.4
Cherry-picking
The graph on the left in Figure 9.5 shows that between 2000 and 2008 the average housing prices have been steadily growing from 200k to 300k. As you can see in the graph on the right, this increase can be visualized more dramatically by extending the x-axis into those years where no data are available. As a result, the slope of the curve increases, suggesting that the prices have gone up faster than they really have. In addition, a dotted trend line is added, suggesting that prices will keep growing for the coming decades. Note that the dotted line starts at 2008, the year that the housing market collapsed.
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