Precisely! Why do you think actuaries are so highly compensated.
> On Dec 17, 2016, at 7:09 PM, Curley McLain via Mercedes > <mercedes@okiebenz.com> wrote: > > 4 guys applied for a job requiring customers to be persuaded to buy by using > calculations and data presentation. > > A mathematician, an engineer, an accountant, and a statistician were > interviewed, one by one. > > The interviewer asked the mathematician how he would present the breakdown of > US citizens by race. > > The mathematician gave the answer precisely, accurate to 6 decimal places. > > The interviewer asked the engineer how he would present the breakdown of US > citizens by race. > > The engineer gave the answer precisely, accurate to 2 decimal places. > > The interviewer asked the accountant how he would present the breakdown of US > citizens by race. > > The mathematician pulled down the shades, checked the room for bugs, than > asked, "what do you want them to be?" > > The interviewer asked the statistician how he would present the breakdown of > US citizens by race. > > The statistician pulled down the shades, checked the room for bugs, than > asked, "I can make them be anything you want them to be?" > > The Statistician got the job! Sales skyrocketed. Profits soared. > > > > You see, the Statistician knew how ro choose the sample to get what he > wanted, he knew how to manipulate the input data to show what he wanted, how > to modify the statistical analysis to show what he wanted, how to modify the > statistical error to cover up what he didn't want to show. He was a complete > virtuoso of statistical analysis! > > The "facts" he presented to the customers made them drool and whip out the > checkbook, but the "facts" were false. His prior job was political polling > for the NY Times. > > > > See "How to Lie with Statistics" by Huff. It is on amazon.com or must likely > at your local welfare book store (pubic library) > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com