Tuesday, March 08, 2005
Alabama Paradox
Managing statistical results in Excel can be tricky.
The most important thing to do is to work out what the data you are manipulating means and what result you are trying to get.
The Alabama Paradox is a statistical nightmare and has resulted in numerous debates of the American Senate.
Find a full pdf doc here that explains how averaging and rounding can really not be quite as simple as it sounds.
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