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A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Wednesday, May 11, 2011

BBS and paradox in its inflation data

Dr. Ahsan Mansur rightly points out the paradox in the inflation statistics given by the Bangladesh Bureau of Statistics in his article "Inflation and Statistical Paradox" on today's Financial Express. The article clearly shows the lack of quality, integrity and finally commitment of the respective authority while producing this important statistics of the country.

We must improve this position.

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