How Statistics Are Used Against You!
04-30-2004, 04:58 PM
#1
Senior Member
Thread Starter
Join Date: May 2002
Location: California
Posts: 22,465
last quarter the us economy grew 4.2% http://money.cnn.com/2004/04/29/news.../gdp/index.htm
the uk was 0.6% for the same quarter.
http://www.statistics.gov.uk/cci/nugget.asp?id=192
the difference? our numbers are annualized, thiers are not. if you annualize thiers you get 3%. so when it looks like we have better numbers, thats exactly right, we annualize ours so they look higher.
the uk was 0.6% for the same quarter.
http://www.statistics.gov.uk/cci/nugget.asp?id=192
the difference? our numbers are annualized, thiers are not. if you annualize thiers you get 3%. so when it looks like we have better numbers, thats exactly right, we annualize ours so they look higher.
Thread
Thread Starter
Forum
Replies
Last Post
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)