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Not once did anyone point out the Angry American's wee calculation flaw.
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Banks want to refund only those mortgages that defaulted, while insurers say the entire pool was tainted by shoddy underwriting practices that made their risk calculations flawed.
By considering gross income (before taxes are taken off and tax credits/benefits added on), it finds that the calculation is flawed, but happens to be about the same as if they had done it correctly.
Example 2 in Table 1 makes it even clearer that ADRZ's calculation is flawed.
By his engineers' calculations, the flaw would actually manifest itself just once in thousands of years of use.
Thus, the basic logic of the calculation is flawed.
Doctors, nurses and union leaders argued that Navigant's calculations were flawed.
These bonus calculations were flawed, Mr Taliente says, because they were based on a star system, appropriate for Hollywood and sportsmen, but not for bankers.
Clegg said Truss's calculations were flawed because they were based on "unrealistic occupancy and opening times" – that child care operators would fill 100% of their places and be full all year round.
But Clegg said Truss's calculations were flawed because they were based on "unrealistic occupancy and opening times" – that childcare operators would fill 100% of their places and be full all year round.
Marc La Vorgna, a spokesman for the mayor, said the budget office's calculations are flawed for several reasons, including the fact that they do not account for teachers who take leaves of absence.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com