Sunday, September 7, 2014

Lies, Damned Lies, and Statistics

Here are two Forbes articles that use data to reach opposite conclusions about the performance of the economy:

Pro Obama

Anti Obama

It's amazing how the data makes two incompatible claims each seem perfectly objective and incontrovertible.

I think the first article is completely flawed, and I think the second one hits pretty close to the mark. But I admit I push harder on the claims in the first one and I more readily accept the claims in the second one because it confirms my priors.

No comments: