understanding politics, considerations

Fun with Statistics


February 3rd, 2010 · Business, Economics, and Finance

lies, damn lies, and statisticsIf there is one thing that I learned in my finance classes in my M.B.A. stud­ies, it is that past per­for­mance does not guar­an­tee future results. To quote an oft-repeated mantra, there are lies, damn lies, and sta­tis­tics. Remem­ber this fact any time you see sta­tis­tics reported by anyone.