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BUSINESS
August 10, 1997
Rarely has The Times published commentary as misinformed and confused as Michael Schrage's "U.S. Should Privatize Economic Statistics" (Times Board of Advisors, July 27). In his thoughtless haste to condemn the federal reporting of statistics as a "virtual monopoly" that indulges in the "idiocy of national aggregation," Mr. Schrage wonders why the government continues to have a role in national econometric statistics that perhaps made sense a century ago but that now, in a global economy, seem outmoded and inefficient.
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BUSINESS
March 14, 1991 | MICHAEL SCHRAGE
When it comes to "quality," more American companies are like symphony orchestras whose musicians and conductors can't read music. The people might be talented and the instruments magnificent, but what you're going to end up with is a lot of noise. America is not going to get a quality revolution until its managers and workers have some grasp of probability and statistics--the lingua franca of quality. Unfortunately, corporate statistical literacy is abysmally low.
BUSINESS
February 24, 1989 | DENISE GELLENE, Times Staff Writer
Opal Rolph considers herself a smart shopper, so she buys meat only "on special" and passes up many costly snack foods and fruits. But as food prices shot upward last month, Rolph, 81, says she finds it harder to keep her food bill under control. "I just don't buy as much," she said Thursday as she loaded her shopping bags into her car at the Vons' Pavilions store in Monrovia. Her sister and shopping companion, Florence Logsdon, 83, agreed. "We're a lot more choosy now."
NEWS
May 5, 1998 | From Associated Press
The percentage of Southern children living in poverty is about the same as it was in 1969, even though most states in the region have robust economies and budget surpluses, the Children's Defense Fund said Monday. "Equally disturbing is the fact that the rest of the nation is catching up with the South," said Marian Wright Edelman, president of the defense fund, a Washington-based nonprofit child advocacy group. In 1996, the West matched the South in the percentage of poor children, 22.
SPORTS
November 26, 1986
Canyon's Ken Sollom has passed for 2,535 yards and 27 touchdowns, and Hart's Jim Bonds has passed for 2,429 yards and 32 touchdowns. Yet the most impressive statistic may be their interception percentages. Sollom has thrown five interceptions in 246 passes (2.03%) and Bonds has thrown six interceptions in 245 passes (2.45%). . . . Newbury Park's Jayson Merrill set a school record with 1,494 yards passing this year.
BUSINESS
February 10, 1998 | From Associated Press
Federal regulators took the first step Monday toward tightening regulations on the cigar industry, ordering the nation's leading cigar makers to report sales and advertising figures. The move could eventually lead to health warnings on all cigar advertisements. Under the Federal Trade Commission order, manufacturers must report the total number of cigars sold and the amount spent on advertising, merchandising and promotion in 1996 and '97.
CALIFORNIA | LOCAL
July 25, 1988 | LEE DEMBART, Dembart is a Times editorial writer. and
Would you like to have a lucky penny? Here's how: Start with a thousand pennies. Flip them all. Approximately 500 will come up heads. Discard the ones that came up tails, and flip the 500 heads again. Approximately 250 of them will come up heads. Discard the others. Now flip the remaining 250 one more time. Approximately 125 will come up heads. Discard the tails and flip the heads again. If you do this 10 times, on average there will be 1 penny left.
ENTERTAINMENT
February 26, 2011 | Eric Noland, Special to the Times
Sports holds many truths to be self-evident: Defense wins championships. It's smart strategy to bench a player who is in foul trouble. Teams perform better at home than on the road. When a basketball player gets a hot hand, it's best to feed that shooter. But how many of these axioms stand up to exhaustive statistical scrutiny? Two boyhood pals ? Toby Moskowitz, a finance professor at the University of Chicago, and Jon Wertheim, a writer at Sports Illustrated ? set out to separate myth from reality, poring over mountains of statistics for a book with an unfortunate title, "Scorecasting.
BUSINESS
September 28, 2000 | From Reuters
A seemingly tiny error the government disclosed Wednesday of its measure of U.S. inflation is a worry to economists who see it as a potential red flag for the reliability of vital economic data. The Labor Department said that because of a computer software problem it will revise its key measure of U.S. price performance, the consumer price index, for the period from January through August.
BUSINESS
July 5, 1995 | KATHLEEN DOHENY, SPECIAL TO THE TIMES
Mention hazardous jobs, and most people think about police work. Firefighting. High-rise construction. Or Hollywood stunt jobs. But not nursing home work. Then came a report, released earlier this year by the Service Employees International Union, titled "Caring Till It Hurts: How Nursing Home Work Is Becoming the Most Dangerous Job in America."
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