The U.S. government keeps statistics on many people in America. One interesting statistic is the poverty rate
Just
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SYM 506 Week 1 Discussion 1
The
U.S. government keeps statistics on many people in America. One interesting
statistic is the poverty rate. To be living in poverty, one must earn income
below a certain threshold (approximately $900 per month). Many
multimillionaires are included in this statistic. Recently, Barbara Streisand
was “living in poverty.” In a particular year, she did not perform live, and
her album sales were extremely slow. She has a great deal of wealth but had
little income that year. Although she has more money than 99.99% of the rest of
the population, the government believed that she was impoverished. What other
statistic can you name that is misleading? Why?
SYM 506 Week 1 Discussion 2
You
just saw a commercial for the Tread Master, an exercise machine that claims an
average weight loss of 10 pounds. A commercial for the Climber, a competing
product, claims that only 1 out of 10 users of the Tread Master lost any weight
at all. The rest of them gained weight. How can both of these claims be true?
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