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[email protected] gfretwell@aol.com is offline
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First recorded activity by BoatBanter: Jul 2007
Posts: 36,387
Default Unemployment rate lie

On Sun, 14 Aug 2016 19:57:21 -0400, Keyser Soze
wrote:

You're really overgeneralizing in your first sentence. How many
undergrad, grad, and post-grad stats courses have you taken?


I have a whole lot of training in database analysis along with a few
decades of actual experience running numbers that my company was
betting millions on. Sitting in a room listening to some old fart
telling me how they did things with paper records, pencils and
mechanical calculators does not interest me.
It is sort of like taking a course in celestial navigation in a GPS
world. It may be interesting (I actually am playing with a sextant and
my Bowditch) but not really that relevant as long as the computers are
still working.

I do understand that statisticians will try to fill the holes in their
data and that will take some training but it is still just an educated
guess. I like hard data.

The classic joke. "What is pi"?

Engineer ... 3.14

Mathematician 3.14159265358979323846264338327950... (until you don't
care anymore)

Statistician "around 3"