Tag #Statistics

Showing 1 to 12 of 18 results

bbc.com
🌐 85% Global Worthiness
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ONS Faces Deep-Seated Issues, Leading to Flawed Economic Data

A critical UK government review of the Office for National Statistics (ONS) found deep-seated issues in its decision-making processes, leading to flawed economic data used in policy decisions and impacting the Bank of England's interest rate decisions; the review recommends splitting the National St...

Progress

32% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Statistics: The Unsung Hero of AI and Finance

Statistical methods like sampling, descriptive and inferential statistics, and dimensionality reduction are crucial in both large language model (LLM) development and financial decision-making, impacting accuracy and reliability of predictions, risk assessment, and model training.

Progress

16% Bias Score

Reduced Inequality
thetimes.com
🌐 75% Global Worthiness
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Falling Response Rates Undermine UK Economic Data Accuracy

The UK's Office for National Statistics (ONS) is struggling with falling response rates to its Labour Force Survey, a key measure of employment and unemployment, down to 12.5 percent from 50 percent, impacting the accuracy of economic data used to inform government policy.

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Australia's Inflation Slows to 2.4 Percent, but Individual Experiences Vary

Australia's Consumer Price Index (CPI) shows inflation at 2.4 percent at the end of 2023, down from 7.8 percent two years prior; however, this average masks significant variations in individual cost of living experiences due to differing spending patterns and housing costs, particularly for mortgage...

Progress

16% Bias Score

Reduced Inequality
apnews.com
🌐 65% Global Worthiness
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Record Playoff Clinches Highlight NFL's Growing Parity Imbalance

In Week 15, a record seven NFL teams clinched playoff berths, while a record seven teams had three or fewer wins, showcasing unprecedented parity imbalance; the competition for the No. 1 draft pick is fierce, with several teams tied for the worst record.

Progress

48% Bias Score

Reduced Inequality
gr.euronews.com
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EU Book Reading Habits: A Diverse Landscape

Analysis of book reading habits across the EU reveals significant variations between countries and demographics. Younger generations and women read more frequently.

Progress

0% Bias Score

bbc.com
🌐 85% Global Worthiness
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ONS Head Resigns Amidst Data Quality Crisis

Sir Ian Diamond, head of the UK's Office for National Statistics (ONS), resigned due to health concerns amid a crisis of confidence in the ONS's data quality, following a critical report highlighting issues with the Labour Force Survey and other key surveys, impacting government and business decisio...

Progress

44% Bias Score

No Poverty
theguardian.com
🌐 75% Global Worthiness
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Errors in UK Producer Price Indices Impact GDP Estimates

The UK's Office for National Statistics (ONS) announced errors in its producer price indices (PPI and SPPI), impacting GDP estimates for 2022 and 2023, due to flaws in chain-linking methods since 2008; the ONS is pausing data release until summer.

Progress

32% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Greece Launches Data Hub Amid Inflationary Wage Gap

A new data hub, "Greece in Numbers," was launched in Greece, revealing that from 2020-2023, the consumer price index increased by 15%, while average wages rose by only 12.5%, leaving a gap despite reaching 2009 pre-crisis levels; the hub aims to improve data accessibility and address past concerns a...

Progress

24% Bias Score

Reduced Inequality
t24.com.tr
🌐 65% Global Worthiness
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TÜİK Rejects CHP Leader's Claims on Inflation Basket Composition

The Turkish Statistical Institute (TÜİK) denied CHP leader Özgür Özel's claim that ping pong balls and copper bars are included in the consumer price index (TÜFE) calculation, stating that the inflation basket comprises 406 essential goods and services and adheres to international standards.

Progress

48% Bias Score

Reduced Inequality
fr.allafrica.com
🌐 30% Global Worthiness
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Congo Launches New Statistics and Planning Training Center

Congo opens a new training center for statistics and planning, launching two programs while emphasizing the government's commitment to modernizing statistical systems for better education outcomes.

Progress

24% Bias Score

Quality Education
pt.euronews.com
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EU Book Reading Habits and Sales

Analysis of book reading habits and sales across the EU, revealing disparities in reading rates across countries and demographics.

Progress

0% Bias Score

Showing 1 to 12 of 18 results