NewsBiscuit : UK retail sales rebound 0.2%, statistical margin of error 0.2%

UK retail sales rebound 0.2%, statistical margin of error 0.2%

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virtuallywill

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It is news...honest..

Posted 2 years ago #
beau-jolly

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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 2 years ago #
virtuallywill

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I did like to use "rebound" with such an insignificant figure, as are all media outlets.

Posted 2 years ago #
Danny

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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 2 years ago #

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