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Read through the most famous quotes by topic #measurement
There are challenges in terms of the measurement of VAR for what are known as nonlinear derivatives, where things like gamma and vega are important dimensions of the risk. ↗
Our scientific age demands that we provide definitions, measurements, and statistics in order to be taken seriously. Yet most of the important things in life cannot be precisely defined or measured. Can we define or measure love, beauty, friendship, or decency, for example? ↗
Thought and science are therefore raising problems which their terms of study can never answer, many of which are doubtless problems only for thought. The trisection of an angle is similarly an insoluble problem only for compass and straight-edge construction, and Achilles cannot overtake the tortoise so long as their progress is considered piecemeal, endlessly having the distance between them. However, as it is not Achilles but the method of measurement which fails to catch up with the tortoise, so it is not man but his method of thought which fails to find fulfillment in experience. ↗
A careful analysis of the process of observation in atomic physics has shown that the subatomic particles have no meaning as isolated entities, but can only be understood as interconnections between the preparation of an experiment and the subsequent measurement. ↗
