Breaking News
Blog

Statistics, statistics and damned lies

NO RATINGS
View Comments: Newest First | Oldest First | Threaded View
<<   <   Page 2 / 2
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."

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

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).

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.

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.

<<   <   Page 2 / 2
Flash Poll
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
Top Comments of the Week