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kevinchess1 wrote:https://www.theguardian.com/world/2018/ ... aving-time
Rather like the first post in this thread, which references the BBC's report of this story, using the exact same photo.The Guardian wrote:This article is over 1 month old
And there far more burglaries when the clocks go back. Not my thinking that but the Co-op Insurance Co, trawled their records going back some years to come up with the correct figure.kevinchess1 wrote:Don't forget BSE end at tomorrow at 2 am
So put your cocks back
Bloomin daylight robbery
And the Co-op is the only company with records? If you look at another company or combine the records for all companies. You may come up with a very different answer.blythburgh wrote: Not my thinking that but the Co-op Insurance Co, trawled their records going back some years to come up with the correct figure.
There are three kinds of lies: lies, damned lies, and statistics.
I beg to differ, there are three kinds of lies: lies, damned lies and the misuse of statistics.William Joseph1 wrote:And the Co-op is the only company with records? If you look at another company or combine the records for all companies. You may come up with a very different answer.blythburgh wrote: Not my thinking that but the Co-op Insurance Co, trawled their records going back some years to come up with the correct figure.
There are three kinds of lies: lies, damned lies, and statistics.
But why would the Co-op have vast differences to other insurers on this?William Joseph1 wrote:The co-op have used a selective set of statistics. Their own! Whilst what you say may be true of the co-ops experience. It is a misuse of statistics to extrapolate that into the industry as a whole. To get a correct figure you would need to collate the figures from the industry as a whole.
Are they of comparative size to other insurers, do they have a larger or small exposure to this type of insurance than other companies? I don't know. I am simply saying they may be correct in respect of their own business. But can not predict accurate figures for the industry as a whole from their business alone.blythburgh wrote:But why would the Co-op have vast differences to other insurers on this?William Joseph1 wrote:The co-op have used a selective set of statistics. Their own! Whilst what you say may be true of the co-ops experience. It is a misuse of statistics to extrapolate that into the industry as a whole. To get a correct figure you would need to collate the figures from the industry as a whole.
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