Health Nerd Retweeted Ewin Hannan
Statistical models are built on their assumptions Projections are only as good as the biases of the people making them!https://twitter.com/EwinHannan/status/1150931319938879488 …
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Ewin HannanVerified account @EwinHannan
‘This is one of the favourite graphs I tend to show because it shows how good we are at forecasting.’ RBA’s Natasha Cassidy says. ‘It’s clear from this graph the sharp decline in wages growth between 2013 & 2016 took the RBA and other economic forecasters somewhat by surprise.’ pic.twitter.com/2OMjY2T2nX
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