Thursday, December 08, 2011

Statistically impossible

From the Coyote blog:
in 2011 initial and continuing [unemployment] claims have been revised higher the week following [their initial release] 91% and 100% of the time, respectively. A purely statistical explanation for this phenomenon is “impossible.”

Wow. Something like 50 out of 50 times, the Administration has under-estimated the economic bad news in its statistics. Just bad luck, I guess.

Via http://www.coyoteblog.com/coyote_blog/2011/12/unexpectedly.html

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