
#1
Jun1605, 06:31 PM

P: 60

McNally's Statistical Constant: No set of statistics can be more than 6.25% accurate
This may be represented by the mathematical equation  A(SS) = A(D) x E(M) x B(J >N) x I(I <N) Where A(SS) is the ACCURACY of any (SET of STATISTICS) A(D) is the ACCURACY of the (DATA) from which they were developed NOTE: DATA is either accurate or it is not, so this factor is always = 50%] E(M) is the ERROR of the (METHODOLOGY) used to select the data NOTE: METHODOLOGY is either in error or it is not, so this factor is also always = 50%] B(J >N) is the BIAS of the (JERK who conjures the NUMBER) NOTE: The JERK is either BIASED or he is not, so this factor is also always = 50%] I(I <N) is the INTERPRETATION of the (IDIOT who uses the NUMBER) NOTE: The IDIOT is either fooled by the NUMBER or he is not, so this factor is also always = 50%] Given the above A(SS ) = 50% x 50% x 50% x 50% = 6.25% CONCLUSION: The next time someone spouts statistics to you be sure to question their A(SS ) 


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