Thursday, January 9, 2014

Quote on and about Statistics

Quote on Statistics
Aaron Levenstein once said that, “Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital.”
It is correct. One can also say that Statistics are like brassieres. What these reveal are liked by many onlookers and they enjoy it as they behold, but what it hides remain unknown to many and one needs a good statistician to unfold the truth behind.
This is supported by the quote from M.J. Moroney i.e. "A statistical analysis, properly conducted, is a delicate dissection of uncertainties, a surgery of suppositions."

Quote about Statistics

Mark Twain once said that, ”Facts are stubborn things, but statistics are more pliable.”


Yes, he was very right in his wordings. But, if facts are not known to any one, what is the way out. Statistics can help it. If properly applied, it does yield reasonable approximation with desired level of confidence to the underlying facts. Also it in not at all desirable that this level of confidence should be 100%, as it requires lot of resources to meet such requirement i.e. the full Fact.

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