Ej Lopez
The business as well as policy makers are now deep in trouble and reflection in so far as the economic outlook of the country is concerned. Irrefutably, the more acceptable basis of projecting or forecasting growth is through numbers or statistical inference. It has been widely accepted that mathematics as represented by numerical values is an exact science. That is in contrast to other sciences where phenomenological occurrences’ thrive, and the conclusions to which leaves so much room for doubts and queries. It is therefore incumbent that the result of Philippine gross domestic product (GDP) growth of 7.2 percent last year is a reflection of an encouraging state of the economy, which leaves no doubt because of mathematical approach.