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How many man hours are spent validating the source and validity of data in reports?
FORBES: Do Executives Care About Data Quality?
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When Merck and Schering-Plough delayed results of a clinical trial aimed at showing the benefits of Vytorin, a top cholesterol drug, they said more time was needed to ensure the validity of the data.
FORBES: Magazine Article
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We can recognize the thought bubble as an unspoken assumption and seek new data to test it for validity.
FORBES: Eliminate Your But!
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The data never supported that theory, and the stagflationary 1970s totally destroyed the validity and credibility of the Phillips curve.
FORBES: The Wages Of Bernanke: Winners And Losers From QE3
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They forward spurious data to others before taking a moment to reflect on its worth or check its validity - the equivalent of passing on some scuttlebutt by word of mouth, but this time to thousands across the world.
CNN: BELIEVE IT OR NET