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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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On Aug 15, 6:56 am, wrote:
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. Actually, I wish I had been that visionary 20 years ago when I started smoking...sigh |
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![]() "Gattman" wrote in message ... "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 IIRC, whatever happened to Tower Rigging--which I heard was a long term shoo-in for win, place, or show in the dangerous occupation derby. Or was this such a generalized report that dangerous specilties were omitted? Peter |
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