.
If weak components of an index
are sometimes replaced with others stronger in outlook
can some historical statistical information look better than it was?
Life is a kind of chess in which we have often points to gain
competitors or adversaries to contend with
and in which there is a vast variety of good and ill events…
By playing at chess…we may learn foresight, circumspection and caution
Benjamin Franklin
If March 2008 inflation was reported to be 4%
which may have been reported as 7.3% before 1998
and 11.6% before 1983
can incongruent inflation adjustments
inadvertently distort information?
¶
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