SIS Resources on Statistics
- A brief introduction to statistics and a collection of useful links
Online
Resources for Statistics on Singapore
-
Where to find online statistics on
Visit our Links page for more.
Occasional
Article for January 2009 |
Economic Forecasting
– De-Mystifying the Art of Modern Crystallomancy
“
Have you ever wondered how economists arrive at these types of forecasts? Should they have predicted the current economic crisis and sounded the alarm bells before it was too late? As our Occasional Article explains, economic forecasting falls short of prescience but is grounded in sound technical principles. This article casts light on the profession of economic forecasting by discussing common approaches adopted and constraints faced by forecasters.
Statistics
Link of the Month |
“There are three kinds of lies: Lies, damned lies and statistics”
Variously attributed to Mark Twain and Benjamin Disraeli
Our Link of the Month highlights how statistics can be
misleading, misinterpreted or misrepresented. Mark Twain’s famous quote
probably referred to intentional manipulation of statistics to lie to the
public, as most people do not know enough about statistics to detect the
deception. There is some of that in our Link of the Month, the STATS "Dubious Data" Awards 2008.
But
there seems to be a few lies perpetrated by ignorance of how statistics really
work.
An excerpt:
“A survey conducted by the
Physicians' Foundation finds that almost half of all practicing physicians in
the
Read the full article: STATS "Dubious Data" Awards 2008
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