This article first appeared at The McAlvany Intelligence Advisor on Monday, May 5, 2014:
Perhaps the most famous quote regarding statistics comes from Mark Twain: “There are three kinds of lies: lies, damned lies and statistics.” The only trouble is that Mark Twain said it didn’t originate with him: he got it from British Prime Minister Benjamin Disraeli. But historians haven’t been able to find that phrase in any of Disraeli’s writings!
How appropriate is that? One cannot even validate a quote about statistics to prove