The table below shows clearly that as industrialization waned, household credit increased. My explanation is that this is what Deming predicted. As wealth creation stopped, U. S. citizens, used to ever-increasing standard of living, turned to credit to finance their lifestyle choices.
Nate Silver, the well known statistical reporter compared the performance of the main polling organizations forecasting elections. The results of his comparison are shown in the chart. What is shown is the average error of the pollsters predictions calculated for the number of polls they did. For example, Quinnipac conducted 21 polls and on average [...]
