SIS Resources on Statistics
- A brief introduction to statistics and a collection of useful links
Where to find online statistics on
Visit our Links page for more.
Occasional Article for January 2009
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.
“A survey conducted by the
Physicians' Foundation finds that almost half of all practicing physicians in
Read the full article: STATS "Dubious Data" Awards 2008