2018/09/17: We can judge the moral fibre of a society by how it treats its least well-off members.
That sounds like a reasonably straightforward idea. But knowing who the poorest people are is not as easy as it sounds. The traditional measure of poverty in the UK has been to consider a household as being in relative poverty if its income is below 60 per cent of the median household income after housing costs.
by counting assets and assessing people’s real needs more effectively around two and a half million people who were in the old poverty measure - in particular many pensioners with assets - are no longer counted as poor. These are replaced by a different set of people - mostly people with disabilities and families with children.
While the overall figures have remained broadly the same, this paints a different picture for UK society.
Statisticians hope that their new measure can command a political consensus so we can at least agree who the poorest are.
For as much as $20,000, Worldwide Motion Picture Group compares the story structure and genre of a script with those of released movies, looking for clues to box-office success.
In the 19th century, changes in knowledge were facilitated not only by large quantities of new information pouring in from around the world but by shifts in the production, processing and analysis
Sampling error? Omitted variable bias? Bah, that's for first-year grad students.
The lunatics are running the asylum according to Lee Baker who gives us an insight into why Statistics are swiftly becoming a thing of the past, replaced by data science
Blindly trusting it can lead you to the wrong conclusions.
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After more than a year of unsuccessful searching, authorities called in an elite group of statisticians. Working on their recommendations, the next search found the wreckage just a week later.
Data never has a virgin birth. It can be tempting to assume that the information contained in a spreadsheet or a database is pure or clean or beyond reproach. B
Why do these things correlate? These 15 correlations will blow your mind. (Is this headline sensationalist enough for you to click on it yet?)
Will math help determine the Illiad's historic accuracy? Image credit: G. V. Tischbein, public domain, Wikimedia Commons.
Robert McNamara epitomizes the hyper-rational executive led astray by numbers.
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Editor's note: Matt Baker is an engineer at Wealthfront, a software-based financial advisor that is democratizing access to high quality financial advice. In elections and finance, mathematical models take emotion out of the equation, but does the human element really disappear?
The <i>New York Times</i> statistician talked to <em>Chicago</em> while promoting his new book, <em>The Signal and the Noise</em>
For the last few months, the political pundit class has been at war with NYT/FiveThirtyEight blogger Nate Silver. Joe Scarborough of MSNBC called him a "joke," while an op-ed in the LA Times accused him of running a "numbers racket." The Examiner dismissed him as a "thin and effeminate man with a soft-sounding voice." Even
Simon Rogers: Getting statistics for the whole of the United Kingdom is getting trickier as the regions move politically further apart. The problem is, it's killing national open data too. This is how we could fix that