Competition should not be for a share of the market-but to expand the market.
W. Edwards DemingRead
The only useful function of a statistician is to make predictions, and thus to provide a basis for action.
Interpretation
Statisticians use data to foresee future trends and guide decision-making.
This quote emphasizes the primary role of a statistician as being predictive in nature. Instead of merely collecting or analyzing data for its own sake, a statistician's effectiveness lies in their ability to apply statistical methods to forecast future outcomes and influence effective decision-making in various fields, thereby turning insights into proactive actions.
In practice
A business meeting where data trends are discussed to plan future strategies.
Competition should not be for a share of the market-but to expand the market.
The job can't be finished only improved to please the customer.
Don't expect smart people to listen to you without proof.
Quality begins with the intent, which is fixed by management.
Learn the basics of analytics and people will love you. If you don't have time to learn, hire someone.
Just because you can measure everything doesn't mean that you should.
People make their own fates, and if enough of us make our fate to be space explorers, perhaps we can actually get some space exploration done.
When I find myself in the company of scientists, I feel like a shabby curate who has strayed by mistake into a room full of dukes.
We need senators who have studied physics and representatives who understand ecology.
'It worked.' (said after witnessing the first atomic detonation).
Science merely amplifies the capabilities of human beings. Science gives us the ability to do ill and to do good more than we had, and to question science in this respect is like questioning whether people ought to have two hands or just one, because with two hands they could do more evil than they can with just one.
I argue that for every country to have an independent fuel cycle is the wrong way to go. Because any country which has a complete fuel cycle is a latent nuclear weapons country, in the sense that it is not far from making a nuclear weapon.
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