Can economic statistics lie? And what about poll surveys?

Here’s a view from Prof. Habito.

I believe statistics are just numbers with properties that give headaches to students of applied math.  Numbers have no personality or will to concoct a falsehood.

For example, I’ve wondered how statisticians can confidently say that their sample surveys have a 3% error rate?  How did they get so confident?  A prize awaits any of my current and former students who can enlighten me on this one.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s