not a spreadsheet kind of guy (part II)
Paul Krugman led off his excellent piece with the following paragraph:
“In this age of information, math errors can lead to disaster. NASA’s Mars Orbiter crashed because engineers forgot to convert to metric measurements; JPMorgan Chase’s “London Whale” venture went bad in part because modelers divided by a sum instead of an average.
So, did an Excel coding error destroy the economies of the Western world?” [italics — and glee — added]
You bet your sweet bippy, it did!
Now, back I go thinking of irritating but fun interruptions for my staff.
— Mr. Pointy-Haired Boss