Quote of the day 29th November 2017


Comments

Jim said…
and that explains the "gender pay gap"
3:20 pm
Chris Whiteside said…
Ron Coase's comments are worth bearing in mind when considering any statistics in the sense that it is always a good idea to think about whether the people who prepared the statistics might accidentally or deliberately have slanted them.

I would not exempt any statistics on any subject from that concern in the sense that it is always worth asking yourself the question,

"How confident should I be that these stats were prepared and analysed in a way which was not subject to bias?"

To that extent you have a valid point.

Personally I think the message coming from the people who produce the stats on the gender pay gap - e.g. that the gap is smaller than it has ever been but there still is one - is a story which sounds extremely plausible to me so I am inclined to believe that they are not slanting the data.
9:19 am
Jim said…
Its the gender pay gap itself that can only be arrived at by torturing the data.

you see for every £1 a man earns in any given company, all a woman in the same company, and the same job, for the same amount of time is 100p
9:04 pm
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