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Monday, October 22, 2012 - 10:32 AM
Majority Of Americans Aren't Swayed By Fed's Promises To Keep Interest Rates Low
Nearly three out of four Americans (74 percent) are not more inclined to borrow money despite the Federal Reserve's recent pledge to keep interest rates low until mid-2015, according to a new report by Bankrate.com.
Banker & Tradesman
Banker & Tradesman
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3. Monday, October 22, 2012 - 1:48 PM
You do have a point, Stewie. But what statistical samples/population are they using? What is the confidence level? What is the time frame (most just started the refinancing last week)? What is the ecology of the areas being surveyed? Who are they doing that for? To state bluntly that 3/4 of Amrican people aren't swayed is too bold/silly a statement to me regardless how accurate and how respectful this survey looks.
Being a statistician by profession and hobby, I do not trust any of those surveys, without a full set of supported technical data.
Maybe this one is more trustworthy than others (Princeton doesn't mean much to me -- by Rhett:D), but I was referring in general.
Being a statistician by profession and hobby, I do not trust any of those surveys, without a full set of supported technical data.
Maybe this one is more trustworthy than others (Princeton doesn't mean much to me -- by Rhett:D), but I was referring in general.
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4. Monday, October 22, 2012 - 2:12 PM
Not defending their methods, since I'm not a qualified "statistician", but here are some of the other clients of Princeton Data Source, LLC who collected the data for the report. You can also click on other aspects of their work including methodology and technology.
http://www.princetondatasource.com/clients.shtml
http://www.princetondatasource.com/clients.shtml
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5. Monday, October 22, 2012 - 2:23 PM
Where are all those people who are doing so well financially. All I hear about are people losing jobs and being afraid to borrow these days. Everything is upside down from what Bernanke intended to do or maybe this IS what he planned!
BTW, Shorebreak, I think you forgot to include your link with the info we can click on. You know how much I enjoy misreading your articles. :)
BTW, Shorebreak, I think you forgot to include your link with the info we can click on. You know how much I enjoy misreading your articles. :)
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