Business & Finance: Statistics

There is an old adage that figures never lie, but that liars frequently "figure." Few readers stop to ponder statistical articles in the press, to which headline writers sometimes give a peculiar interpretation. As a result, the public is misinformed by the presentation of half-truths.

Recently, the Department of Agriculture, after grave and profound researches for "several years," issued a statement that the U. S. farmer is not getting an adequate return on his investment or for his personal labor. This is based on figures taken in 1920-1922. The farmer, according to the Department,...

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