Sunday, May 31, 2009

How to lie with statistics

Nate Silver offers a very patient and thorough analysis of the latest attempt by wingnuts to bolster their conspiracy theory regarding the closure of Chrysler dealerships. The short version: there's no "there" there. Nothing statistically significant was found in Zero Hedge's data (and the data set was actually sizable enough to where if something significant were to be found, it probably would have been). So, wingnuts are back to square one. Like any conspiracy theory, I seriously doubt this one will go away, though. Expect the True Believers to find a new angle shortly.

As an aside, the book How to Lie with Statistics makes for an excellent read.

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