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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (341078)6/21/2007 7:06:35 PM
From: TimF  Read Replies (1) of 1573925
 
I said that a totally perfect measurement could probably not be done, but notice the "or" in my statement.

I gave a simple method, and a theoretically ideal method.

The ideal method may be impossible, or at least impractical, but the simple method of adjusting total compensation by the general amount of inflation is both easier, and more accurate, than the method you imply with your statements, which would make an adjustment up for areas of higher inflation, but make no adjustment for areas of lower inflation.

If there are multiple potential sources of bias or error, selecting only those that adjust the results in one direction, and not the ones that adjust the results in the other direction, is very likely to be less accurate than not making any adjustments at all.
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