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Recent Posts
- Reinhart and Rogoff story shows how important it is to check your indicators
- Top ten reasons for reading misLeading Indicators: How to Reliably Measure your Business
- How Western Electric rules mislead in statistical process control
- The Department of Justice will have a tough time proving that Standard and Poors “inflated” its bond ratings.
- The bond trader’s fallacy
- Lance Armstrong doping case and bond defaults show challenges of probabilistic reasoning
- The Curse of Kelvin
- Core earnings: Is new metric misleading?
- Core earnings don’t get to the heart of profitability
- The biggest storm? That’s hot air.
Recent Comments
- Julia on What business can learn from government statisticians
- BI in Barcelona, Scary Big Data, Cool 3D Analytics and More on Lance Armstrong doping case and bond defaults show challenges of probabilistic reasoning
- BI in Barcelona, Scary Big Data, Cool 3D Analytics and More | Business Analytics on Lance Armstrong doping case and bond defaults show challenges of probabilistic reasoning
- Phil Green on Lance Armstrong doping case and bond defaults show challenges of probabilistic reasoning
- Timo Elliott on Lance Armstrong doping case and bond defaults show challenges of probabilistic reasoning
Gas pumps inaccurate, study shows. So are all measurements, experience shows.
As Canadians and Americans fill up their tanks for the July 1st and 4th long weekend they can contemplate this piece by CBC news that tells us that inaccurate gas pumps are short-changing Canadians. It is impossible to measure anything in a way that is consistently accurate. There are only ways to measure that are [...]
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