Arnold Williams (notebuyer) wrote,
Arnold Williams
notebuyer

Statistics and Reporting

Fun story for the day comes from Jane Galt, who reports on the falling median wage under Bush -- and notes that it isn't falling as much as it is being reported as falling.

Lede?

Poor, poor Nebraska. Did you know that in 2000, at the height of the Clinton boom, their median household income fell by over 8%? In fact, except for Hawaii, Rhode Island and Mississippi, which showed gains of 0.19%, 0.65%, and 1.1%, respectively, every single state in the union, and Washington DC besides, saw their median household income plummet in 2000 in a rather startling fashion.

Surprised? So was I. But that's the answer I get using the methodology that the reporters at the Detroit Free Press say they used ...


You'll be better off to read the whole thing than my summary. Go there now, be prepared to smile and enjoy the hunt for the truth, and the "truthiness". Also, take a moment to read Wikipedia on "confirmation bias". I'll have more to say about that later.
Tags: economics, statistics
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