8. Precise-looking numbers can fool people and policy-makers

623 views · Published 10 February 2015 · 2:03 · Indexed 29 October 2026

Channel: Friends of Science · 2015 · Education

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Ross McKitrick, professor of economics at the University of Guelph and co-author of “Taken by Storm,” explains that “if you don’t have a precise underlying theory, doing all your calculations on the computer doesn't make your work more precise.” However, when people see the ‘seven decimal places’ of numbers as an outcome of climate or economic models, it seems quite impressive.  He cautions people not to be fooled by this apparent precision.

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