A Quote by W. Edwards Deming

The only useful function of a statistician is to make predictions, and thus to provide a basis for action. — © W. Edwards Deming
The only useful function of a statistician is to make predictions, and thus to provide a basis for action.
Scientific data are not taken for museum purposes; they are taken as a basis for doing something. If nothing is to be done with the data, then there is no use in collecting any. The ultimate purpose of taking data is to provide a basis for action or a recommendation for action. The step intermediate between the collection of data and the action is prediction.
Government cannot make us equal; it can only recognize, respect, and protect us as equal before the law. That [affirmative action] programs may have been motivated, in part, by good intentions cannot provide refuge from the principle that under our Constitution, the government may not make distinctions on the basis of race.
The ultimate purpose of collecting the data is to provide a basis for action or a recommendation.
The Library is an open sanctuary. It is devoted to individual intellectual inquiry and contemplation. Its function is to provide free access to ideas and information. It is a haven of privacy, a source of both cultural and intellectual sustenance for the individual reader. Since it is thus committed to free and open inquiry on a personal basis, the Library must remain open, with access to it always guaranteed.
It makes no sense to seek a single best way to represent knowledge-because each particular form of expression also brings its particular limitations. For example, logic-based systems are very precise, but they make it hard to do reasoning with analogies. Similarly, statistical systems are useful for making predictions, but do not serve well to represent the reasons why those predictions are sometimes correct.
It is not predictions but plans that make the future. If you want predictions, it is because you do not have the ability to make a plan and fulfill it.
Every New Year comes with a list of predictions. Self-predictions, world predictions, how many times Lindsay Lohan will get arrested predictions, etc. I reserve the annual trend for people with genuine psychic ability and/or bloggers.
We put thirty spokes to make a wheel: But it is on the hole in the center that the use of the cart hinges. We make a vessel from a lump of clay; But it is the empty space within the vessel that makes it useful. We make doors and windows for a room; But it is the empty spaces that make the room livable. Thus, while existence has advantages, It is the emptiness that makes it useful.
There are only two worlds - your world, which is the real world, and other worlds, the fantasy. Worlds like this are worlds of the human imagination: their reality, or lack of reality, is not important. What is important is that they are there. these worlds provide an alternative. Provide an escape. Provide a threat. Provide a dream, and power; provide refuge, and pain. They give your world meaning. They do not exist; and thus they are all that matters.
A theory is a good theory if it satisfies two requirements: it must accurately describe a large class of observations on the basis of a model that contains only a few arbitrary elements, and it must make definite predictions about the results of future observations.
Both angels and demons are ignorant of the future, yet they make predictions. The angels do so when God reveals the future to them and commands them to prophesy, and what they prophesy comes to pass. Demons also make predictions, but these are only guesses based on what they see from afar.
What I say is, that the real non-resistants can believe in direct action only, never in political action. For the basis of all political action is coercion; even when the State does good things, it finally rests on a club, a gun, or a prison, for its power to carry them through.
Data scientists are statisticians because being a statistician is awesome and anyone who does cool things with data is a statistician.
The function of government is to provide you with service; the function of the media is to supply the Vaseline.
It's a very wise thing for people to rationally sit down and look at what the risks are not only on a daily basis, on a weekly basis, on a monthly basis, on a yearly basis, on a lifetime basis, and then plan one's life accordingly.
Most successful pundits are selected for being opinionated, because it's interesting, and the penalties for incorrect predictions are negligible. You can make predictions, and a year later people won't remember them.
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