Top 612 Statistics Quotes & Sayings - Page 11

Those who are guilty of the argumentum ad ignorantiam profess belief in something because its opposite cannot be proved ... In the realm where "prejudice" is now most an issue, it normally takes a form like this: you cannot prove by the method of statistics and quantitative measurement that men are not equal. Therefore all men are equal. ... You cannot prove again by the methods of science that one culture is higher than another. Therefore the culture of the Digger Indians is just a good as that of Muncie, Indiana, or thirteenth-century France.

From what I understand from talking with older friends and feminists, I think that once I enter the workforce and start to think about marriage and having children, my gender will probably eclipse my feminist identity in terms of marginalization. Discrimination in terms of hiring and in the workplace are still real according to statistics. I also think, as a feminist, figuring out what a relationship based on true and complete equality is will be a challenge. But hopefully by the time I'm dealing with those issues feminists will have made great progress in all of those areas.

We never ask candidates to demonstrate their skill. We ask lots of questions about past experience, but simply looking at the results of their decisions does not let us understand the process that they used to make the choice in the first place. A good analogy is sports. If you wanted to know how well a person plays basketball, for example, you could look at statistics like shooting percentage or blocked shots. But, this is just an historical account of how well the individual played in the past - the numbers do not tell us much about how that individual plays basketball now.

Santa Claus and the Easter Bunny should take a few pointers from the mutual-fund industry. All three are trying to pull off elaborate hoaxes. But while Santa and the bunny suffer the derision of eight year olds everywhere, actively-managed stock funds still have an ardent following among otherwise clear-thinking adults. This continued loyalty amazes me. Reams of statistics prove that most of the fund industry's stock pickers fail to beat the market.

In my 45-year career as an investment counselor, humility did show me the need for worldwide diversification to reduce risk. That career did help me to become more and more humble because statistics showed that when I advised a client to buy one stock to replace another, about one-third of the time the client would have done better to ignore my advice. In other endeavors, humility about how little I know has encouraged me to listen more carefully and more wisely.

Do not expect to be hailed as a hero when you make your great discovery. More likely you will be a ratbag-maybe failed by your examiners. Your statistics, or your observations, or your literature study, or your something else will be patently deficient. Do not doubt that in our enlightened age the really important advances are and will be rejected more often than acclaimed. Nor should we doubt that in our own professional lifetime we too will repudiate with like pontifical finality the most significant insight ever to reach our desk.

The selective winnowing of time leaves only a few recognizable individuals behind for the historian to light on. Thus the historian who finds the human being more interesting than what the human being has done must inevitably endow the comparatively few individuals he can identify with too great an importance in relation to their time. Even so, I prefer this overestimate to the opposite method which treats developments as though they were the massive anonymous waves of an unhuman sea or pulverizes the fallible surviving records of human life into the grey dust of statistics.

I have been accused of being ignorant of economics (although I am the founder and Chairman of the Board of a company which publishes seven professional economic newsletters), of being ignorant of sociology (although I am trained in sociology and was C. Wright Mills' research assistant at Columbia), of being unable to use statistics (although I earned my living as a professional statistician for five years) and of ignoring political factors (although all my graduate training was in political science).

The truth is that the 143 million orphaned children and the 11 million who starve to death or die from preventable diseases and the 8.5 million who work as child slaves, prostitutes, or under other horrific conditions and the 2.3 million who live with HIV add up to 164.8 million needy children. And though at first glance that looks like a big number, 2.1 billion people on this earth proclaim to be Christians. The truth is that if only 8 percent of the Christians would care for one more child, there would not be any statistics left.

Many writers claim that nearly all crime is caused by economic conditions, or in other words that poverty is practically the whole cause of crime. Endless statistics have been gathered on this subject which seem to show conclusively that property crimes are largely the result of the unequal distribution of wealth. But crime of any class cannot be safely ascribed to a single cause. Life is too complex, heredity is too variant and imperfect, too many separate things contribute to human behavior, to make it possible to trace all actions to a single cause.

If the statistics are right, the Jews constitute but one percent of the human race. It suggests a nebulous dim puff of star dust lost in the blaze of the Milky Way. Properly the Jew ought hardly to be heard of, but he is heard of, has always been heard of. He is as prominent on the planet as any other people, and his commercial importance is extravagantly out of proportion to the smallness of his bulk. His contributions to the world's list of great names in literature, science, art, music, finance, medicine, and abstruse learning are also away out of proportion to the weakness of his numbers.

If Jesus Christ were to sit down with us and ask for an accounting of our stewardship, I am not sure He would focus much on programs and statistics. What the Savior would want to know is the condition of our heart. He would want to know how we love and minister to those in our care, how we show our love to our spouse and family, and how we lighten their daily load. And the Savior would want to know how you and I grow closer to Him and to our Heavenly Father.