Briefly
- Skepticism about ‘big data’ at O’Reilly Radar
- How data goes wrong from Tomorrow Global. Along the same lines, the famous story from Howard Cox
“Cox, when you are a bit older, you will not quote Indian statistics with that assurance. The Government are very keen on amassing statistics – they collect them, add them, raise them to the nth power, take the cube root and prepare wonderful diagrams. But what you must never forget is that every one of these figures comes in the first place from the [village watchman], who just puts down what he damn pleases”
- The Economist has an international currency index based on the price of a Big Mac. At Quartz, an alternative index using the price of the Economist, which suggests the NZ$ is undervalued.
Thomas Lumley (@tslumley) is Professor of Biostatistics at the University of Auckland. His research interests include semiparametric models, survey sampling, statistical computing, foundations of statistics, and whatever methodological problems his medical collaborators come up with. He also blogs at Biased and Inefficient See all posts by Thomas Lumley »
Hello from LAX. I reckon that on a Coca Cola index the New Zealand dollar would be worth about 40 US cents. :-) Same on the good-burrito index.
Many other items seem to basically correspond to the exhange rate though.
12 years ago