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I hate statistics

Author

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  • MIHAIESCU, Nicolaie

Abstract

Statistics play a major role in economy, being strongly associated with facts, but it is not necessarily that those facts show the truth. There is a the dark side of statistics. Recently I was stricken again by two horrible economic dat. The Romanian home trade network almost disappeared and the list of bad statistic is wide open.

Suggested Citation

  • MIHAIESCU, Nicolaie, 2016. "I hate statistics," Romanian Distribution Committee Magazine, Romanian Distribution Committee, vol. 7(2), pages 32-33, July.
    • Handle: RePEc:rdc:journl:v:7:y:2016:i:2:p:32-33
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    File URL: http://crd-aida.ro/RePEc/rdc/v7i2/5.pdf
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    More about this item

    Keywords

    Statistics; Pareto Principle; European policies; Romanian home trade network;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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