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Funny Stuff (Chapter 4) A new investor named Mr. Mean was talking to a statistician about his new knowledge of stock market terminology. "I now know what the term 'net gain' means," said Mr. Mean. "At the end of my first day I had gained 60%. Today, I've lost 40%. Thus, my net gain over the 2 days is 20%." The statistician smiled first and then looked Mr. Mean squarely in the eye and said softly, "I sorry to inform you of this, Mr. Mean, but you've really had a net LOSS of 4%." If you want to find a pie chart, go to a bakery. If you want to find a bar chart, go anywhere except to an AA meeting. Histograms, of course, hang on the walls of those who study the past!
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2003 Schuyler W. Huck |
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