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Read through the most famous quotes by topic #statistics
The individual source of the statistics may easily be the weakest link. ↗
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Statistically speaking, there is a 65 percent chance that the love of your life is having an affair. Be very suspicious. ↗
Voting, we might even say, is the next to last refuge of the politically impotent. The last refuge is, of course, giving your opinion to a pollster, who will get a version of it through a desiccated question, and then will submerge it in a Niagara of similar opinions, and convert them into--what else?--another piece of news. Thus we have here a great loop of impotence: The news elicits from you a variety of opinions about which you can do nothing except to offer them as more news, about which you can do nothing. ↗
J. E. Littlewood, a mathematician at Cambridge University, wrote about the law of truly large numbers in his 1986 book, "Littlewood's Miscellany." He said the average person is alert for about eight hours every day, and something happens to the average person about once a second. At this rate, you will experience 1 million events every thirty-five days. This means when you say the chances of something happening are one in a million, it also means about once a month. The monthly miracle is called Littlewood's Law. ↗
The value for which P=0.05, or 1 in 20, is 1.96 or nearly 2; it is convenient to take this point as a limit in judging whether a deviation ought to be considered significant or not. Deviations exceeding twice the standard deviation are thus formally regarded as significant. Using this criterion we should be led to follow up a false indication only once in 22 trials, even if the statistics were the only guide available. Small effects will still escape notice if the data are insufficiently numerous to bring them out, but no lowering of the standard of significance would meet this difficulty. ↗
Out of a hundred people: Those who always know better- 52 Doubting every step- all the rest Glad to lend a hand if it doesn’t take too long- as high as 49 Always good, because they can’t be otherwise- 4 maybe 5 Able to admire without envy- 18 Living in constant fear of something or someone- 77 Capable of happiness- 20 something tops Harmless singly, savage in crowds- half at least Wise after the fact- just a couple more than wise before it Taking only things from life- 30 (I wish I were wrong) Righteous- 35, which is a lot Righteous and understanding- 3 Worthy of compassion- 99 Mortal- 100 out of 100 (Thus far this figure still remains unchanged.) ↗
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