What are some possibly misleading statistics

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Reference no: EM131161146

The City of Ocelot has received three proposals for the development of currently vacant land near a freeway exit and about a mile from the nearest residential neighborhood. One is the proposal for a night club by the Funtime Corporation, another is the construction of a private health club, and the third is for the construction of a gated condominium complex. Your advice has been requested in considering these proposals. The City of Ocelot was established several years ago and has grown rapidly to a population of 40,000 with a range of incomes from very wealthy to about 10% below the poverty level. Housing ranges from high-end houses and condominiums to publicly subsidized apartments. The ethnic distribution of the population is 60% Anglo-American, 20% Hispanic-American, 12% African-American, 5% Asian-American, and 3% Native American. Ocelot is located on an Interstate Highway about 30 miles from a major city. QUESTION: 3. Discuss the role of statistical analysis in making the final decision regarding development of the currently vacant land. In particular, what are some matters suitable for quantitative analysis that can make a compelling case for your preferred option? For one of your rejected options, what are some possibly misleading statistics or analyses that may be presented by promoters that policymakers should view skeptically?

Reference no: EM131161146

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