libertango: (Default)
From the ever-amazing TED site: "Hans Rosling: Debunking third-world myths with the best stats you've ever seen."

Rosling is able to illustrate brilliantly the amazing progress that Asia in particular has made since, say, 1960. He has a cute Swedish accent, to boot.

Stats wonks take note: www.gapminder.org provides just about all the tools he uses. I'm going to be chewing on this off and on for a while, I think.
libertango: (Default)
"Before Alfred Kinsey took up human sexuality, he studied wasps--thousands and thousands of them, whose bodies he minutely examined. Yet when asked what he could say about The Wasp, he replied that he hadn't really seen enough specimens to generalize."

-- David Berreby, in Slate

Theft

Aug. 30th, 2008 07:26 pm
libertango: (Default)
Back from our road trip around the state of Washington.

Reading a good issue of The New Yorker, I came across the claim from John Colapinto that US retail business lost about $40 billion in 2006 from theft. Which sounds impressive, until one learns from the US Census Bureau that retail sales, total (excl. motor vehicle and parts dealers) for 2006 (NB: Adobe .PDF file) was very close to $3 trillion. So theft accounts for an amount only 1.34% of US retail sales, which is probably within the margin of error of their accounting practices.

Bottom line: They have no idea how much theft is actually taking place. It's not enough to measure accurately.

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