Comments on: Why official statistics are like corporate earnings http://blogs.reuters.com/felix-salmon/2010/08/30/why-official-statistics-are-like-corporate-earnings/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: amygdala17 http://blogs.reuters.com/felix-salmon/2010/08/30/why-official-statistics-are-like-corporate-earnings/comment-page-1/#comment-17898 Wed, 01 Sep 2010 13:13:55 +0000 http://blogs.reuters.com/felix-salmon/?p=5149#comment-17898 I think your question is a bait-and-switch also. You asked “…how many eighth-graders passed their math test this year?” The answer is 100%, as stated earlier; 100% were proficient. What you were trying to ask, and either didn’t state cleary or intentionally fuzzed the question, is how many of the fifth graders in the 2006-2007 class passed the 8th grade math test. That answer we can’t determine without knowing transfer/dropout rates.

]]>
By: drewbie http://blogs.reuters.com/felix-salmon/2010/08/30/why-official-statistics-are-like-corporate-earnings/comment-page-1/#comment-17858 Tue, 31 Aug 2010 15:00:12 +0000 http://blogs.reuters.com/felix-salmon/?p=5149#comment-17858 “How on earth do you arrive at 19?”

It’s not a logic problem, they’re real numbers. Inbetween 07 and 10, 47 students left or were made to leave because they wouldn’t pass the test.

]]>
By: nbywardslog http://blogs.reuters.com/felix-salmon/2010/08/30/why-official-statistics-are-like-corporate-earnings/comment-page-1/#comment-17851 Tue, 31 Aug 2010 05:39:07 +0000 http://blogs.reuters.com/felix-salmon/?p=5149#comment-17851 This is a great piece.
Sadly,in the UK and France every statistic is boiled, fried and schnitzeled before it makes it into the media. We have the ONS (an independent body) and so politicians just tell it to stop recording the bad data and look at other stuff which is better.
Our police have been caught falsifying crime stats seven times in nine years.
Nobody over 55 believes the inflation rate.
I certainly don’t believe the price of gold reflects a real market.
And there never was a ‘recovery’ on either side of the Pond: there was QE – but that’s something else.
http://nbyslog.blogspot.com/2010/08/bern anke-in-wyoming-blind-mans-bluff.html

]]>
By: Woltmann http://blogs.reuters.com/felix-salmon/2010/08/30/why-official-statistics-are-like-corporate-earnings/comment-page-1/#comment-17850 Tue, 31 Aug 2010 05:06:46 +0000 http://blogs.reuters.com/felix-salmon/?p=5149#comment-17850 Never allow yourself to get caught up in someone else’s mental maelstrom ..

]]>
By: ErnieD http://blogs.reuters.com/felix-salmon/2010/08/30/why-official-statistics-are-like-corporate-earnings/comment-page-1/#comment-17841 Tue, 31 Aug 2010 02:45:12 +0000 http://blogs.reuters.com/felix-salmon/?p=5149#comment-17841 Government statistics are so bad that people have started entire business doing nothing but re-evaluating and correcting them: http://www.shadowstats.com/

Probably the biggest government statistics boondoggle over the past 30 years is the manipulation of the US CPI including imputed rents instead of house prices and substitution. Inflation was probably overestimed before 1995 and underestimated after 1995.

]]>
By: MarkPalko http://blogs.reuters.com/felix-salmon/2010/08/30/why-official-statistics-are-like-corporate-earnings/comment-page-1/#comment-17840 Tue, 31 Aug 2010 02:25:12 +0000 http://blogs.reuters.com/felix-salmon/?p=5149#comment-17840 Charter schools like HVA have greatly added to the data cooking of educational statistics.

]]>
By: STORYBURNthere http://blogs.reuters.com/felix-salmon/2010/08/30/why-official-statistics-are-like-corporate-earnings/comment-page-1/#comment-17837 Mon, 30 Aug 2010 23:25:29 +0000 http://blogs.reuters.com/felix-salmon/?p=5149#comment-17837 How on earth do you arrive at 19?

]]>
By: TFF http://blogs.reuters.com/felix-salmon/2010/08/30/why-official-statistics-are-like-corporate-earnings/comment-page-1/#comment-17831 Mon, 30 Aug 2010 20:20:37 +0000 http://blogs.reuters.com/felix-salmon/?p=5149#comment-17831 Yes, exactly. The statistics given (100% passing rate) are misleading, and you aren’t given the other necessary information (dropout rate) to see why.

]]>
By: MikeStover http://blogs.reuters.com/felix-salmon/2010/08/30/why-official-statistics-are-like-corporate-earnings/comment-page-1/#comment-17828 Mon, 30 Aug 2010 19:58:30 +0000 http://blogs.reuters.com/felix-salmon/?p=5149#comment-17828 I’ll bite, how does anyone know how many 5th graders of one sample group made it into the 8th grade sample group? It doesn’t seem like enough info to make that determination. Is this a case of lies, damn lies, and statistics?

]]>