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Statistics never lie but liars use Statistics

2 April 2009 by Simon Mone

You know how it goes... statisticians are rolled out to spin any set of figures to emphasis how well a company is doing regardless of the reality of the situation - why do I keep thinking of the RBS Rights Issue last year?

Here at Mim:towers we could spin our first quarter year-on-year sales to show a rise of 38%, 48% or even 64% but let's not go there and simply settle on the lowest 38%. That's good enough for me during the credit crunch!

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