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As investment in information technology has increased, so has the size of the potential statistical error.
ECONOMIST: The numbers racket | The
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Since the announcement, the AUD is off the boil after the Reserve Bank of Australia comment that the February employment data is subject to some statistical error.
FORBES: Elusive Economic Growth Weighs on EURO
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Within statistical error, under almost all testing conditions, I cannot find a difference between dunking and not dunking under controlled circumstances , so do it how you want.
FORBES: Does Bouncing Your Tea Bag Actually Do Anything Substantial?
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Nowhere does it mention that U.S. manufacturing jobs peaked in 1979 (well before trade with China was more than a statistical rounding error in our total trade figures) and has been trending downward ever since.
FORBES: Media Darken Americans' Perceptions of Trade
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Yet when growth is close to flat, the difference between, say, estimated growth of 0.1% (no recession on the popular convention) and -0.1% (one quarter contributing to a recession on the same convention) is actually within the known statistical margin of error.
BBC: UK economy: GDP figures explained by ONS
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The poll showed Giuliani receiving 47 percent of votes in the hypothetical general-election matchup with Clinton, who scored 46 points -- a statistical dead heat given the poll's 2.5 percent margin of error.
CNN: Poll suggests Nevada could become a swing state in 2008
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We develop a statistical framework that uses lights growth to augment existing income growth measures, under the assumption that measurement error in using observed light as an indicator of income is uncorrelated with measurement error in national income accounts.
FORBES: Celebrate Earth Hour By Turning the Lights *On*