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Error makes rate rise less likely
By Chris Giles, Economics Editor, Financial Times

Published: September 27 2006 22:34 | Last updated: September 27 2006 22:34

The Office for National Statistics on Wednesday admitted to an error that dramatically reduced the worry over inflation in the economy and makes a further interest rate rise less likely.

Pretty Convenient? like 'harmonisation' measures that strip house prices from the calculations - what do you think?

2006-09-27 11:36:08 · 6 answers · asked by LongJohns 7 in Politics & Government Other - Politics & Government

6 answers

Everyone who uses statistics skews them for their own purposes. I chose to ignore statistics entirely. Anyone who wants to can do a survey, or find a statistic that suits their argument. How the questions are asked, or the statistical grouping is done, and literaly dozens of other factors can be adjusted to get the desired outcame, without actually faking the statistics or lying. In order to evaluate a statistic's validity, you must know all these other factors as well, which unless you are on the inside, you never get to see.

2006-09-27 11:49:58 · answer #1 · answered by Star G 4 · 0 0

i imagine some do. I also imagine some distort them contained in the alternative route. There are human beings of each political persuasion who will distort the info to convey human beings to their area. in spite of the indisputable fact that, feminism isn't about declaring that adult adult males are evil and women anybody is sufferers. it really is only stupid and by no skill real. Yeah, some adult adult males abuse women human beings. some women human beings abuse adult adult males. some women human beings and some adult adult males abuse toddlers. Why concentration on who does what extra commonly? shouldn't the purpose be to get rid of all of those sorts of abuse? Numbers do not mean a lot; any celebration of abuse, no count number who's being abused and who's doing the abusing, is undesirable and deserving of our interest. Gosh. *Edit* nicely suggested Soldier4Christ. it is also real.

2016-11-24 23:12:29 · answer #2 · answered by ? 4 · 0 0

the fact is that every government uses figures to their advantage they all have people whos sole job is to make the elected few look good' they are called spin doctors.

2006-09-27 11:47:52 · answer #3 · answered by tbar3098 1 · 0 0

I think our government has always cooked the books, so to speak.

2006-09-27 11:38:01 · answer #4 · answered by beez 7 · 0 0

the answer yeas ,with tool monthly pie chart display and annual bar chart display

2006-09-27 11:57:12 · answer #5 · answered by Anonymous · 0 0

99% of statistics are wrong.

2006-09-27 11:50:46 · answer #6 · answered by Anonymous · 0 0

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