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![]() wrote in message ... If you take out the few high risk piloting occupatations such as crop dusting and fire fighting, aviation is hardly dangerous. The general public should continue to believe professional flying is dangerous, and the danger should equate to better pay for professional pilots. -c |
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I guess we went to different marketing schools :-))
If the general public feels professional flying is dangerous, my experience as a professional pilot would indicate to me that the gain in professional pay will be more than offset by the loss in customer revenue. Dudley Henriques Gattman wrote: wrote in message ... If you take out the few high risk piloting occupatations such as crop dusting and fire fighting, aviation is hardly dangerous. The general public should continue to believe professional flying is dangerous, and the danger should equate to better pay for professional pilots. -c -- Dudley Henriques President Emeritus International Fighter Pilots Fellowship |
#3
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![]() "Dudley Henriques" wrote in message ... I guess we went to different marketing schools :-) If the general public feels professional flying is dangerous, my experience as a professional pilot would indicate to me that the gain in professional pay will be more than offset by the loss in customer revenue. Yeah, you definately need to spin your statistics depending on the target. (As virtually all businesses do.) IE, firefighting, cropdusting, flight instruction, test piloting etc are extremely dangerous but the airlines are safe. Similarly, cruise ships and passenger ferryboat operations are statistically nowhere near as dangerous as operating a fishing boat, but they all have a skipper. I saw the report that this is about when it aired on TV. We paused report (gotta love DVRs) and viewed it again just because I couldn't believe my eyes. Let's see...it's more dangerous than firefighting, law enforcement, kick boxing; naturally, though the statistic was backed by nothing substantial. -c |
#4
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Sometimes I wonder how these stats are derived. I've been reading stats
all my life for this and for that. If there's one thing I've learned about statistics it's that they can be skewed in just about any direction desired by the manipulation of the micros involved to produce the macros desired. Another thing about statistics; take gambling as a perfect example. There is an extremely high possibility that someone will win the lottery. This is what motivates those who play the lottery. On the other hand, the odds that the someone who wins will be you is quite another matter. It always amazes me that people insist on using the first analogy instead of the second when considering a play on the lottery. My wife and I have been playing the lottery game in abstentia for many years. Each day we IMAGINE we have played our house and phone number to the tune of a 2 dollar lottery ticket. We started doing this in 1965. It is now 2007. We have played this "game" for 42 years based on the second analogy of us NOT being the number that comes up. As of today, we have placed 42 years worth of ticket bets at 365x2= 730 dollars a year x 42 years= 30,660 dollars worth of lottery tickets. We haven't won naturally, but by using an unskewed statistic, we have SAVED $30,660 dollars by NOT buying lottery tickets! Not bad really. I enjoy playing the lottery :-)) Dudley Henriques Gattman wrote: "Dudley Henriques" wrote in message ... I guess we went to different marketing schools :-) If the general public feels professional flying is dangerous, my experience as a professional pilot would indicate to me that the gain in professional pay will be more than offset by the loss in customer revenue. Yeah, you definately need to spin your statistics depending on the target. (As virtually all businesses do.) IE, firefighting, cropdusting, flight instruction, test piloting etc are extremely dangerous but the airlines are safe. Similarly, cruise ships and passenger ferryboat operations are statistically nowhere near as dangerous as operating a fishing boat, but they all have a skipper. I saw the report that this is about when it aired on TV. We paused report (gotta love DVRs) and viewed it again just because I couldn't believe my eyes. Let's see...it's more dangerous than firefighting, law enforcement, kick boxing; naturally, though the statistic was backed by nothing substantial. -c -- Dudley Henriques President Emeritus International Fighter Pilots Fellowship |
#5
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On Aug 13, 1:48 pm, Dudley Henriques wrote:
Sometimes I wonder how these stats are derived. I've been reading stats all my life for this and for that. If there's one thing I've learned about statistics it's that they can be skewed in just about any direction desired by the manipulation of the micros involved to produce the macros desired. Another thing about statistics; take gambling as a perfect example. There is an extremely high possibility that someone will win the lottery. This is what motivates those who play the lottery. On the other hand, the odds that the someone who wins will be you is quite another matter. It always amazes me that people insist on using the first analogy instead of the second when considering a play on the lottery. My wife and I have been playing the lottery game in abstentia for many years. Each day we IMAGINE we have played our house and phone number to the tune of a 2 dollar lottery ticket. We started doing this in 1965. It is now 2007. We have played this "game" for 42 years based on the second analogy of us NOT being the number that comes up. As of today, we have placed 42 years worth of ticket bets at 365x2= 730 dollars a year x 42 years= 30,660 dollars worth of lottery tickets. We haven't won naturally, but by using an unskewed statistic, we have SAVED $30,660 dollars by NOT buying lottery tickets! Not bad really. I enjoy playing the lottery :-)) Dudley Henriques One point I would make, Dudley, and that is that your statistic is still slightly "skewed." Although that I agree that you have "saved" 30,000-some-odd dollars, you have placed an inherint assumption in your "statisitic" that you will NEVER win. Unfortunately (or fortunately, depending on how you look at it), the lottery is not a zero sum game. Your statisitic has not taken into consideration any winnings that your 42 years of "ticket buying" would have produced. However, because of the fact that the ODDS are sufficiently low, I guess you could consider the skew close enough to zero to not consider it. Either way, it is just another example of how statistical data is subject to interpretation, and further explains why statisticians have jobs g |
#6
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![]() Doug Semler wrote: On Aug 13, 1:48 pm, Dudley Henriques wrote: Sometimes I wonder how these stats are derived. I've been reading stats all my life for this and for that. If there's one thing I've learned about statistics it's that they can be skewed in just about any direction desired by the manipulation of the micros involved to produce the macros desired. Another thing about statistics; take gambling as a perfect example. There is an extremely high possibility that someone will win the lottery. This is what motivates those who play the lottery. On the other hand, the odds that the someone who wins will be you is quite another matter. It always amazes me that people insist on using the first analogy instead of the second when considering a play on the lottery. My wife and I have been playing the lottery game in abstentia for many years. Each day we IMAGINE we have played our house and phone number to the tune of a 2 dollar lottery ticket. We started doing this in 1965. It is now 2007. We have played this "game" for 42 years based on the second analogy of us NOT being the number that comes up. As of today, we have placed 42 years worth of ticket bets at 365x2= 730 dollars a year x 42 years= 30,660 dollars worth of lottery tickets. We haven't won naturally, but by using an unskewed statistic, we have SAVED $30,660 dollars by NOT buying lottery tickets! Not bad really. I enjoy playing the lottery :-)) Dudley Henriques One point I would make, Dudley, and that is that your statistic is still slightly "skewed." Although that I agree that you have "saved" 30,000-some-odd dollars, you have placed an inherint assumption in your "statisitic" that you will NEVER win. Unfortunately (or fortunately, depending on how you look at it), the lottery is not a zero sum game. Your statisitic has not taken into consideration any winnings that your 42 years of "ticket buying" would have produced. However, because of the fact that the ODDS are sufficiently low, I guess you could consider the skew close enough to zero to not consider it. Either way, it is just another example of how statistical data is subject to interpretation, and further explains why statisticians have jobs g I agree with you. There is always the chance of a win. What we have done is just as you have said; play the potential gain of money saved against the possibility of money won. The "stats" were deemed so slim that playing was never an option. I should add that so far, this logic model has proven to have been correct. Naturally, I assume I will be royally ****ed off if I die next Tuesday and the numbers come up on Wednesday :-)) DH |
#7
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Dudley Henriques wrote:
I should add that so far, this logic model has proven to have been correct. Naturally, I assume I will be royally ****ed off if I die next Tuesday and the numbers come up on Wednesday :-)) DH No you will be royally ****ed off if the numbers come up next Wednesday and you didn't die on Tuesday. Assuming you plan to keep your plan to not buy a ticket going. |
#8
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Doug Semler wrote:
One point I would make, Dudley, and that is that your statistic is still slightly "skewed." Although that I agree that you have "saved" 30,000-some-odd dollars, you have placed an inherint assumption in your "statisitic" that you will NEVER win. Unfortunately (or fortunately, depending on how you look at it), the lottery is not a zero sum game. Your statisitic has not taken into consideration any winnings that your 42 years of "ticket buying" would have produced. However, because of the fact that the ODDS are sufficiently low, I guess you could consider the skew close enough to zero to not consider it. Either way, it is just another example of how statistical data is subject to interpretation, and further explains why statisticians have jobs g "Statistically" buying a lottery ticket doesn't increase you chance of winning. i.e. The chance of winning isn't increased enough to be relevant "Statistically". |
#9
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Gig 601XL Builder wrDOTgiaconaATsuddenlink.net wrote:
Doug Semler wrote: One point I would make, Dudley, and that is that your statistic is still slightly "skewed." Although that I agree that you have "saved" 30,000-some-odd dollars, you have placed an inherint assumption in your "statisitic" that you will NEVER win. Unfortunately (or fortunately, depending on how you look at it), the lottery is not a zero sum game. Your statisitic has not taken into consideration any winnings that your 42 years of "ticket buying" would have produced. However, because of the fact that the ODDS are sufficiently low, I guess you could consider the skew close enough to zero to not consider it. Either way, it is just another example of how statistical data is subject to interpretation, and further explains why statisticians have jobs g "Statistically" buying a lottery ticket doesn't increase you chance of winning. i.e. The chance of winning isn't increased enough to be relevant "Statistically". Depends on how you look at it "statistically". If you don't buy, the chance of winning is zero. If you do buy, the chance of winning is a non-zero number. So you've essentially increased the odds by an infinite amount... Aren't statistics fun? -- Jim Pennino Remove .spam.sux to reply. |
#10
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On Mon, 13 Aug 2007 13:48:55 -0400, Dudley Henriques
wrote: Sometimes I wonder how these stats are derived. I've been reading stats all my life for this and for that. If there's one thing I've learned about statistics it's that they can be skewed in just about any direction desired by the manipulation of the micros involved to produce the macros desired. Another thing about statistics; take gambling as a perfect example. There is an extremely high possibility that someone will win the lottery. This is what motivates those who play the lottery. On the other hand, the odds that the someone who wins will be you is quite another matter. It always amazes me that people insist on using the first analogy instead of the second when considering a play on the lottery. My wife and I have been playing the lottery game in abstentia for many years. Each day we IMAGINE we have played our house and phone number to the tune of a 2 dollar lottery ticket. We started doing this in 1965. It is now 2007. We have played this "game" for 42 years based on the second analogy of us NOT being the number that comes up. As of today, we have placed 42 years worth of ticket bets at 365x2= 730 dollars a year x 42 years= 30,660 dollars worth of lottery tickets. We haven't won naturally, but by using an unskewed statistic, we have SAVED $30,660 dollars by NOT buying lottery tickets! Not bad really. I enjoy playing the lottery :-)) Dudley Henriques I wish I had been such a visionary in the 70's when I hit the legal age to buy beer. I could be very well off by now IF I had just IMAGINED drinking each of those beers for the last 33 years. :-)) |
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