Business Eye: The fact is you can’t trust statistics

Alex Pratt

Alex Pratt

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Is it only me, or do the airwaves seem filled all the time with big numbers and complicated statistics used by different sides of the same argument to shock us into believing the world will come to an end if you don’t support their certain view of any situation?

As there are always two sides to every story and the world has not yet ceased to exist, you have to conclude that there is lot of apocryphal hype about.

I don’t think I’d ever even heard the word ‘billions’ before Gordon Brown became Chancellor, but today not a day goes by now without some billions being risked, spent or earned and talked about.

 

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