These monthly statistics are designated as experimental statistics, defined in the Code of Practice as new Official Statistics undergoing evaluation that are published in order to involve users and stakeholders in their development as a means to build in quality at an early stage.
Experimental statistics status is given at the discretion of the responsible statistician. Defining what is experimental is largely a matter of judgement but will typically arise when statistics are new and still subject to testing in terms of their ability to meet users needs.
The removal of the experimental classification will take into account factors such as:
- When it is judged that the statistical methods are relatively stable
- When coverage reaches a good…
Read the full article at: https://www.gov.uk/government/statistics/monthly-insolvency-statistics-march-2021/methodology-and-quality-document-monthly-insolvency-statistics-march-2021
