Statistics Quotes

In a world with amazing amounts of statistics and demographics available, If you don't utilize foresight, statistics, demographics, projections and predictions the competition will.

Akutra-Ramses Atenosis Cea

If the universe was scientific and just left to itself, then we’d have statistical probabilities to rely on. But once people are involved it sometimes becomes much more problematic because they’re erratic. People do crazy things that don’t make sense.

Who needs theory when you have so much information? But this is categorically the wrong attitude to take toward forecasting, especially in a field like economics where the data is so noisy.

Conventional wisdom nor scientific, mathematical prove of randomness in life could do nothing to deter human's curiosity for the unknown, however small the chance of a positive outcome maybe.

Vann Chow

Scientists and inventors of the USA (especially in the so-called "blue state" that voted overwhelmingly against Trump) have to think long and hard whether they want to continue research that will help their government remain the world's superpower. All the scientists who worked in and for Germany in the 1930s lived to regret that they directly helped a sociopath like Hitler harm millions of people. Let us not repeat the same mistakes over and over again.

The obvious cure for the tragic shortcomings of human intuition in a high-tech world is education. And this offers priorities for educational policy: to provide students with the cognitive tools that are most important for grasping the modern world and that are most unlike the cognitive tools they are born with. The perilous fallacies we have seen in this chapter, for example, would give high priority to economics, evolutionary biology, and probability and statistics in any high school or college curriculum. Unfortunately, most curricula have barely changed since medieval times, and are barely changeable because no one wants to be the philistine who seems to be saying that it is unimportant to learn a foreign language, or English literature, or trigonometry, or the classics. But no matter how valuable a subject may be, there are only twenty-four hours in a day, and a decision to teach one subject is also a decision not to teach another one. The question is not whether trigonometry is important, but whether it is more important than statistics; not whether an educated person should know the classics, but whether it is more important for an educated person to know the classics than to know elementary economics. In a world whose complexities are constantly challenging our intuitions, these trade-offs cannot responsibly be avoided.

Statistics, likelihoods, and probabilities mean everything to men, nothing to God.

Richelle E. Goodrich