In conclusion, we must ask ourselves as to why a quotation like “Lies, Damned Lies, and Statistics” as mentioned by me earlier is made about the subject of statistics. In my opinion, it is because the society is illiterate, i.e. it is information illiterate. Information literacy, which most people misunderstand, is the third generation of literacy.
Statistical requirements for enhancing the monetary analysis What are the statistical requirements for enhancing the monetary analysis? 1  See “Monetary analysis in real time”, ECB Monthly Bulletin October 2004 and B. Fischer, et al. (2008) “Money and monetary policy: The ECB experience 1999-2006” in eds.