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UK retail sales rebound 0.2%, statistical margin of error 0.2%
(4 posts) (3 voices)
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Posted 6 years ago #
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ONS should really get out more. They reported big year-on-year retail sales increases in January forgetting that last year we were under two feet of snow.
Posted 6 years ago # -
I did like to use "rebound" with such an insignificant figure, as are all media outlets.
Posted 6 years ago # -
Love it! This headline is painfully accurate, and the media always forget to explain statistical margins/errors. And "rebound" with 0.2% growth is a very sensational way to describe 0.2%.
Apparently 3.5 out of 7 people make things more complicated than they have to be.
Posted 6 years ago #
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