@Mwolf unfortunately I doubt any statistical analysis was done on this data (mean errors, regression, etc.) Bottom line some of this may be good, some is definetly bad, so my scientific mind says it ALL has to be thrown out and then start again with much more rigourous statistical analysis in order to validate these conclusions. Instead we just have bad data/conclusions. I’m guessing the Union Institute data is so anomalous as to have a single data point backing it up.
I’ll take this one step more, if an actuary had done this kind of analysis they would have been fired they hit the send button.
This is so irresponsible, If some kid saw this and thought damn, I’m blowing off Penn (and my Finance major), heading to Union Instititute and majoring in Criminal Justice because financially I’m going to do better…just crazy.