Friday, September 2, 2011

Inconceivable! [Updated]

One thing that never ceases to both amuse and depress me is the way that many individuals react to numbers that their preexisting biases just can't accept.  The other day, your favorite blogger was wasting time talking politics:  an acquaintance of mine claimed that America was suffering from a decline in moral values, and pointed to the fact that the average American household carries a high amount of credit card debt as proof of this assertion.  Obviously, moral judgements aren't really part of a statistician's job description, but I still felt the need to weigh in on this one.