Business Research And Statistics
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In our eReader you can find the full English version of the book. Read Business Research And Statistics Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Business Research And Statistics
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To quickly assess the difficulty of the text, read a short excerpt:
No way is known yet to weigh anything lighter than 1/10% of a milligram.
Even the astronomers at Greenwich, with highly per- fected apparatus, cannot measure anything less than 1/100 part of a second of time.
All statistical effort is therefore open to a small or large degree of possibility of error. To criticize statis- tical work because it is not infallibly correct, or because conscientious researchers or statisticians must refuse to claim "absolute correctness" of their work is to be 268 BI...AS, EEROR, APPROXIMATION, ESTIMATE 269 ignorant of the very nature of fact. To be dissatisfied and distrustful of results for which. 100% accuracy is not claimed, or for which only 60 or 70% accuracy is claimed is also an ignorant proceeding.
152. Business men and statistical margin of error. — Since the confidence of the business man in the statistics provided is a most important part of statistical service, this situation is an exceedingly delicate one. If, on the one hand, the statistican takes pains to impress upon the business man the degree of possible error and the factors of uncertainty in any given piece of data, he often takes all the heart out of the business man in using such data since his mind is not accustomed to appreciation in de- grees.
What to read after Business Research And Statistics?
You can find similar books in the "Read Also" column, or choose other free books by J George Justus George Frederick to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
No way is known yet to weigh anything lighter than 1/10% of a milligram.
Even the astronomers at Greenwich, with highly per- fected apparatus, cannot measure anything less than 1/100 part of a second of time.
All statistical effort is therefore open to a small or large degree of possibility of error. To criticize statis- tical work because it is not infallibly correct, or because conscientious researchers or statisticians must refuse to claim "absolute correctness" of their work is to be 268 BI...AS, EEROR, APPROXIMATION, ESTIMATE 269 ignorant of the very nature of fact. To be dissatisfied and distrustful of results for which. 100% accuracy is not claimed, or for which only 60 or 70% accuracy is claimed is also an ignorant proceeding.
152. Business men and statistical margin of error. — Since the confidence of the business man in the statistics provided is a most important part of statistical service, this situation is an exceedingly delicate one. If, on the one hand, the statistican takes pains to impress upon the business man the degree of possible error and the factors of uncertainty in any given piece of data, he often takes all the heart out of the business man in using such data since his mind is not accustomed to appreciation in de- grees.
What to read after Business Research And Statistics?
You can find similar books in the "Read Also" column, or choose other free books by J George Justus George Frederick to read onlineMoreLess
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