A monkey named George

[HLS]

Can you clarify “Seasonally Adjusted” ??

[bsrsharma]

Seasonal Adjustment is a statistical process to remove seasonal variations and hence try to report long term trends. Basically they filter out “seasonal noise” and report slow moving trend. (In engineering this would be called a low pass filter). The statistical term is “Time series analysis”. You can see an explanation here: http://www.itl.nist.gov/div898/handbook/pmc/section4/pmc4.htm

[bsrsharma]

Seasonal Adjustment is a statistical process to remove seasonal variations and hence try to report long term trends. Basically they filter out “seasonal noise” and report slow moving trend. (In engineering this would be called a low pass filter). The statistical term is “Time series analysis”. You can see an explanation here: http://www.itl.nist.gov/div898/handbook/pmc/section4/pmc4.htm

[bsrsharma]

Seasonal Adjustment is a statistical process to remove seasonal variations and hence try to report long term trends. Basically they filter out “seasonal noise” and report slow moving trend. (In engineering this would be called a low pass filter). The statistical term is “Time series analysis”. You can see an explanation here: http://www.itl.nist.gov/div898/handbook/pmc/section4/pmc4.htm

[HLS]

So even with a margin of 12%, it’s a manipulated estimate on top of that,
While NOT seasonally adjusted is a REAL number ?

[HLS]

So even with a margin of 12%, it’s a manipulated estimate on top of that,
While NOT seasonally adjusted is a REAL number ?

[HLS]

So even with a margin of 12%, it’s a manipulated estimate on top of that,
While NOT seasonally adjusted is a REAL number ?

[bsrsharma]

Seasonal adjustment is more "processed" than manipulated. They want to exclude any influence of people's preference for buying in July and try to report an "unbiased statistic". My guess is, that should lower the trend line below actual since July is a preferred month for home buying (being summer, school holiday etc.,). I think seasonal adjustment is a good thing but the large margin of error invalidates everything.

I remember a joke: A man with his head in an oven and feet in a freezer is on the average comfortable. That is how these housing statistics look like.

[bsrsharma]

Seasonal adjustment is more "processed" than manipulated. They want to exclude any influence of people's preference for buying in July and try to report an "unbiased statistic". My guess is, that should lower the trend line below actual since July is a preferred month for home buying (being summer, school holiday etc.,). I think seasonal adjustment is a good thing but the large margin of error invalidates everything.

I remember a joke: A man with his head in an oven and feet in a freezer is on the average comfortable. That is how these housing statistics look like.

[bsrsharma]

Seasonal adjustment is more "processed" than manipulated. They want to exclude any influence of people's preference for buying in July and try to report an "unbiased statistic". My guess is, that should lower the trend line below actual since July is a preferred month for home buying (being summer, school holiday etc.,). I think seasonal adjustment is a good thing but the large margin of error invalidates everything.

I remember a joke: A man with his head in an oven and feet in a freezer is on the average comfortable. That is how these housing statistics look like.

[HLS]

Reminds me of another joke…..

He was so fat that he had pesos in one pocket and Canadian dollars in the other….
(With the census report he could use US$ on average)

[HLS]

Reminds me of another joke…..

He was so fat that he had pesos in one pocket and Canadian dollars in the other….
(With the census report he could use US$ on average)

[HLS]

Reminds me of another joke…..

He was so fat that he had pesos in one pocket and Canadian dollars in the other….
(With the census report he could use US$ on average)

[patb]

cunningham violated public law and his oath of office,

geoerge the monkey owes no duty to anyone.
Sad but true, i knew a guy used to bribe reporters all the time,
for good press.

[patb]

cunningham violated public law and his oath of office,

geoerge the monkey owes no duty to anyone.
Sad but true, i knew a guy used to bribe reporters all the time,
for good press.

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