Quote:
Originally Posted by CoachKandSportsguy
As far as who publishes what statistics, there are multiple interpretations of data, analytics and statistics. . . always the ability to segregate and twist the data to tell a narrative. There are also biases with any and every commercial enterprise. . I have spend too many years in corporate america watching the machine make saugage, so assume that there are commercial reasons for not publishing data, and assume that the publishers don't want a perceived outcome or a responsibility for the article.
The worst are the stock market explanations for why the market goes up or down in any particular day. I have a predictive model which identified particular days which go up and then which go down, regardless of the news. So when the prediction comes true as in the pattern has repeated the same way for 20 years, and the narrative is different every time, why do really listen to the publicized reasons?
Likewise, having been an insider in several companies, and having worked on valuation of companies for buying and selling, what the general public hears or reads is usually only a very small piece of the reality inside. So unless you have "reliable" insider information, which is not illegal, then you really are only getting a desired narrative. Same with medical narratives, same with corporate marketing narratives, same with financial results narratives, same with political narratives.
Best to work on one's handicap instead of relying on commercial enterprise news.
sportsguy
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Agree with your assessment. When it comes to data you are correct as you can massage rather data to a point where it shows exactly what you want it to be. As far as statistics, what doesn’t happen in the media or with Fauci is a drill down. When you look at stats from the 30,000 foot level, you can interpret that the sky is falling. After a drill down through the details, many times things don’t look to bad. That’s why I would like to see more of Dr. Birx than Dr. Fauci. Birx is data driven and that’s the info we need. Isn’t it funny she never is asked to testify before Congress and probably has had one tenth of media interviews versus her colleague Fauci. In my opinion, the reason is she can identify the specific hotspots and not blame the whole state for example for an uptick. That’s what people need to see and hear.