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Monday, December 22, 2008


As year end approaches, we will be bombarded by stories which attempt to sum up the year that is about to pass. There will also be many stories that purport to predict what will happen next year.

Most of these stories will be packed with statistics - many incomplete, others simply misleading and some that are almost impossible to interpret. Since few of the authors, and even fewer of the readers, have ever studied Statistics, we are well advised to be cautious in our interpretation and use of the information provided.

Aaron Levenstein summed up the situation particularly well with this thought: "statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital."

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