Breaking News
Blog

Statistics, statistics and damned lies

NO RATINGS
View Comments: Oldest First | Newest First | Threaded View
Page 1 / 2   >   >>
EREBUS0
User Rank
Rookie
re: Statistics, statistics and damned lies
EREBUS0   7/31/2012 9:20:01 PM
NO RATINGS
Trust no one and verify all data. Truth is more subjective than it used to be. SPIN is the name of the game and everyone uses statistics to justify their miss-information. Pity really, we used to be able to trust journalist, but it seems they have developed a tremendous credibility issue. Josef Goebbels would be proud of the way our news media have become propaganda vehicles for all parties. I stopped watching network news years ago. Too depressing.

BrianBailey
User Rank
Blogger
re: Statistics, statistics and damned lies
BrianBailey   7/31/2012 11:54:51 PM
NO RATINGS
Well, I will try and keep people honest and call them on it when I see blatant misuse of information.

Ogemaniac
User Rank
Manager
re: Statistics, statistics and damned lies
Ogemaniac   8/1/2012 7:54:05 AM
NO RATINGS
Even if you assume the $12 billion figure, the 200,000 job figure is ridiculous. A modern manufacturing facility translates into something more like a million dollars in sales per worker, not $60,000 ($12b/200k).

LorenSutherland
User Rank
Rookie
re: Statistics, statistics and damned lies
LorenSutherland   8/1/2012 7:23:05 PM
NO RATINGS
Brian, Suggest you look at www.americanminifoundry.com if you want an update on "counterfeit parts" , albeit more focused on US security Peace, Loren

DCH0
User Rank
Rookie
re: Statistics, statistics and damned lies
DCH0   8/1/2012 9:42:05 PM
NO RATINGS
Get the quote right. Lyndon Johnson said: "There are three kinds of lies. Lies, Damned Lies, and Statistics."

BrianBailey
User Rank
Blogger
re: Statistics, statistics and damned lies
BrianBailey   8/1/2012 10:32:25 PM
NO RATINGS
Mea Culpa

diamondw
User Rank
Rookie
re: Statistics, statistics and damned lies
diamondw   8/2/2012 12:33:10 PM
NO RATINGS
The quote was popularized by Mark Twain in 1906 although he attributed it to Benjamin Disraeli (who didn't seem to have ever used it).

SouthernKiwi
User Rank
Rookie
re: Statistics, statistics and damned lies
SouthernKiwi   8/2/2012 2:10:30 PM
NO RATINGS
Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital. ~Aaron Levenstein Then there is the man who drowned crossing a stream with an average depth of six inches. ~W.I.E. Gates

Teako
User Rank
Rookie
re: Statistics, statistics and damned lies
Teako   8/2/2012 4:30:47 PM
NO RATINGS
"Statistics Donít Lie, Statisticians Do" It is not true that you can say just anything with statistics. If two people come up with different conclusions using the same data, then at least one person is wrong.

rfindley
User Rank
Rookie
re: Statistics, statistics and damned lies
rfindley   8/2/2012 5:03:56 PM
NO RATINGS
'Statistics' is the art of turning meaningful information into a creatively useful misrepresentation of reality.

Page 1 / 2   >   >>
Radio
NEXT UPCOMING BROADCAST
EE Times Senior Technical Editor Martin Rowe will interview EMC engineer Kenneth Wyatt.
Top Comments of the Week
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Times on Twitter
EE Times Twitter Feed
Flash Poll