Discover the most popular and inspiring quotes and sayings on the topic of Estimation. Share them with your friends on social media platforms like Facebook, Twitter, or your personal blogs, and let the world be inspired by their powerful messages. Here are the Top 100 Estimation Quotes And Sayings by 99 Authors including Samuel Beckett,Seneca The Younger,Calvin Coolidge,Lord Kelvin,Lillian Hellman for you to enjoy and share.
Enough to know no knowing.
A benefit is estimated according to the mind of the giver.
It seems to me probable that of all our economic life the element on which we are inclined to place too low an estimate is advertising.
You know only insofar as you can measure.
Statisticians do it with confidence, frequency and variation
To measure is to know.
In a world in which the price of calculation continues to decrease rapidly, but the price of theorem proving continues to hold steady or increase, elementary economics indicates that we ought to spend a larger and larger fraction of our time on calculation.
The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it.
I spent seven hours in a beauty shop ... and that was for the estimate.
If you want self-esteem." "Do estimable acts" ~ V, from A Piece of Cake: Memoir
If you're not accurate, you'll cause untold trouble.
What can we say with certainty?
In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.
measure twice and cut once.) Fourth,
Who will you measure Me with, so that we should be like each other?
All my life, people have been underestimating me.
I don't believe in statistics. I believe in calculus.
Sometimes I underestimate the magnitude of me.
Information: the negative reciprocal value of probability.
Self-confidence Formula
Measure what can be measured, and make measurable what cannot be measured.
One does not divine this by impressions or knowledge. What this means is that no matter how much you try to figure or calculate by means of impressions or knowledge, it will not prove the least bit useful. Therefore, separate yourself from the discrimination of figuring things out.
What gets measured gets better
People underestimate me, and that's fine. I prefer to go into negotiations being underestimated.
A lot of people... use a calculator!
Averaging the bids to arrive at a final price, the Leon
A turkey is fed for a thousand days by a butcher; every day confirms to its staff of analysts that butchers love turkeys "with increased statistical confidence.
Analytical tools have their limitations in a turbulent world. These tools work best when parameters are known, assumptions are minimal, and the future is not fuzzy.
Who can see twenty-five years into the future?" she had asked. "Your guess is as good as theirs. Confidence is everything.
Don't be committed to the guess, be committed to the process of guessing.
Tell me how you measure me, and I will tell you how I will behave
The only way to reduce the variability in the estimate is to reduce the variability in the project.
We lisp in numbers, in the U.S. We are deluged by ample, often mysterious statistics ... Like many in this country, I have come to regard statistics with doubt and merely as a hint of the probable shape of fact.
Do you know how fast you are walking? ... To get a close estimate, count the number of steps you take in a minute and divide by 30 ...
enough to pay the full Amontillado price without consulting
I have a car business and if I had to do an estimate on my face, I would probably write it off.
The pioneers researched for this book take a simpler approach: Budgets are established only if some forecast is needed to inform an important decision.
A woman's guess is much more accurate than a man's certainty.
Don't measure what you can. Measure what you should.
Statistical projections which speak to the senses without fatiguing the mind, possess the advantage of fixing the attention on a great number of important facts.
Projections are just bullshit. They're just guesses.
You can't underestimate anyone.
I do not rest on the broad upland of a system that includes a series of sure statements about the absolutes, but on a narrow, rocky ridge between the gulfs where there is no sureness of expressible knowledge but [only] the certainty of meeting what remains, undisclosed.
The considerations upon which expectations of prospective yields are based are partly existing facts which we can assume to be known more or less for certain, and partly future events which can only be forecasted with more or less confidence.
The mind can calculate, but the spirit yearns, and the heart knows what the heart knows
The statistician cannot excuse himself from the duty of getting his head clear on the principles of scientific inference, but equally no other thinking man can avoid a like obligation.
I don't think I should be underestimated.
He that expects to quantify in dollars the gains that will accrue to a company year by year for a program for improvement of quality expounded in [Out of the Crisis] will suffer delusion. He should know before he starts that he will be able to quantify only a trivial part of the gain.
There is nothing more essential to getting a project off the ground than the underestimate.
All the exaggerations are right, if they exaggerate the right thing.
Accuracy of observation is the equivalent of accuracy of thinking.
Product of optimism and knowledge is a constant.
organisers of weight-guessing competitions and advisers helping people to refine their guesses.
Never underestimate people.
In the hands of Science and indomitable energy, results the most gigantic and absorbing may be wrought out by skilful combinations of acknowledged data and the simplest means.
The problem with certainty is that it is static; it can do little but endlessly reassert itself. Uncertainty, by contrast, is full of unknowns, possibilities, and risks. (65)
effect the exchange of labor and services by means of an exchange of heartbeats. estimate every task in terms of heartbeats-the monetary unit of the future, in which all individuals are equally wealthy. take 365 times 317 as the median number of heartbeats in any twenty-four-hour period.
The world is not a solid continent of facts sprinkled by a few lakes of uncertainties, but a vast ocean of uncertainties speckled by a few islands of calibrated and stabilized forms
One must reach out and try to grasp this astonishing finesse, that the value of lif cannot be estimated.
Whip 'em out boys. We'll measure them right here and now.
The method of magnitude estimation provided a direct measure of sensation.
I am not a Measurement
Life is full of calibration
This is a rather unusual situation in physics. We perform approximate calculations which are valid only in some regime and this gives us the exact answer. This is a theorist's heaven- exact results with approximate methods.
Error is part of the overhead of doing research
We now know most things that can be measured in this world, except the bounds of human ambition!
In some small field each child should attain, within the limited range of its experience and observation, the power to draw a justly limited inference from observed facts.
All models are approximations. Essentially, all models are wrong, but some are useful. However, the approximate nature of the model must always be borne in mind ...
With the end of uncertainty there came the uncertainty of the end.
The art of drawing conclusions from experiments and observations consists in evaluating probabilities and in estimating whether they are sufficiently great or numerous enough to constitute proofs. This kind of calculation is more complicated and more difficult than it is commonly thought to be ...
If you make the same guess often enough it ceases to be a guess and becomes a Scientific Fact. This is the inductive method.
The world, I soon learned, held a different estimate: and I make no doubt, the world is very right in its view, yet believe also that I am not quite wrong in mine.
Be precise. A lack of precision is dangerous when the margin of error is small.
I am ashamed to tell you to how many figures I carried these calculations [of Pi], having no other business at the time
Certainty becomes you.
The program operates on facts, and extrapolates from those facts using a complex series of stochastic functions.
The forming of general maxims from particular observation is a very nice operation; and nothing is more usual, from haste or a narrowness of mind, which sees not on all sides, than to commit mistakes in this particular.
One finds the truth by making a hypothesis and comparing observations with the hypothesis.
That which is measured improves. That which is measured and reported improves exponentially.
Statistics is a science which ought to be honourable, the basis of many most important sciences; but it is not to be carried on by steam, this science, any more than others are; a wise head is requisite for carrying it on.
It is expected that there will be discrepancies between models and observations. However, why these arise and what one should conclude from them are interesting and more subtle than most people realize. Indeed, such discrepancies are the classic way we learn something new.
Her calculations have always held the utmost accuracy, but mathematics alone will not be enough to guide her; she must learn to trust in chance and, if need be, in accident.
Since we think about ourselves so much of the time, it is comforting to assume ... that we really know the score ... [But] this is not an easy assignment. [As] Santayana wrote, 'Nothing requires a rarer intellectual heroism than willingness to see one's equation written out.'
If you know how many acres you have sown of each kind of corn, inquire how much the acre the soil of that land takes for sowing, and count the number of quarters of seed, and you shall know the return of seed, and what ought to be over.
Keep in mind, measurement is not just numbers, but stories.
Statistics: the mathematical theory of ignorance.
Confidence comes from crossing thresholds.
No person will deny that the highest degree of attainable accuracy is an object to be desired, and it is generally found that the last advances towards precision require a greater devotion of time, labour, and expense, than those which precede them.
(Data from the under-construction Square Kilometer Array telescope is expected to be collected at the rate of 10 PB/hour. Data from Facebook is estimated to accumulate at the rate of less than 1 PB/day.)
You've got to guess at worst cases: No model will tell you that. My rule of thumb is double the worst that you have ever seen.
When you know absolutely nothing about the topic, make your forecast by asking a carefully selected probability sample of 300 others who don't know the answer either.
I think that more often than not, people underestimate me.
A scientist naturally and inevitably ... mulls over the data and guesses at a solution. He proceeds to testing of the guess by new data-predicting the consequences of the guess and then dispassionately inquiring whether or not the predictions are verified.
The Number our envious Persons, confirmation our capability.
Evaluate what you want - because what gets measured, gets produced.
Certainty, not data, is knowledge.
There is an excellent way to make predictions without the slightest risk of error: predict the past.
I bathe in statistics.
There is no way to measure it ... because there's no one to measure it.
Three thousand pounds