Could it be any better than to afford CNBC additional sweets for their daily sugar high? Ford Motor December 2009 sales were “better than expected”. If anyone has tuned in CNBC for a nanosecond, you have heard “better than expected” at least 12 times.
It is very important when assisting grandkids with their math to remind them that albeit numbers do not lie, the manner in which a number is presented and the basis of comparison many times presents a different picture.
Example: (Ford Motor December 2009 to December 2008 sales figures). Please note the individual numbers are accurate and are not lying (however);
Headline:
Ford Motor Sales up 32.8% to 184,655 units (and the crowd roars with pleasure)
Grandpa’s calculation:
Ford December 2008 sales were 134,114 however, there were 26 selling days in December 2008 versus 28 selling days in December 2009. Based on a daily sales run rate, at 28 selling days, December 2008 would have a monthly sales figure of roughly 149,772 units. Comparing this to December 2009, the increase would have been 23.3%. Still a noteworthy improvement.
Put another way, grandpa offers grandchild 1/3 of a cookie and a piece just shy of ¼ of a cookie. I believe I know which piece our grandkids would prefer. (For you analytical types out there, grandpa ate the remaining 5/12 of the cookie).
Wishing you many pleasant moments working on homework projects with your kids and grandkids.
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