Quotessence
Home / Quotes / Quote by Udny Yule

Quote by Udny Yule

“The investigation of causal relations between economic phenomena presents many problems of peculiar difficulty, and offers many opportunities for fallacious conclusions. Since the statistician can seldom or never make experiments for himself, he has to accept the data of daily experience, and discuss as best he can the relations of a whole group of changes; he cannot, like the physicist, narrow down the issue to the effect of one variation at a time. The problems of statistics are in this sense far more complex than the problems of physics.”

Quote by Udny Yule

Create image

Author

Udny Yule
Udny Yule

Udny Yule was a prominent British statistician born on February 18, 1871, and died on June 26, 1951. He is known for his contributions to the field of statistics, particularly in biostatistics and genetics. more

You May Also Like

“Peace is something more than the absence of war, although some nations would be thankful for that alone today. A durable and equitable peace system requires equal development opportunities for all nations.”

WarWould BeTodayOpportunityNationsPovertyDevelopmentEqualAbsenceBeing ThankfulEnding PovertyEquitableRoot CauseWar On Poverty
Book:Peace: Writings and Speeches of the Nobel Peace Prize Winner, 1971
Create image

“[Pitchblende] consists of a peculiar, distinct, metallic substance. Therefore its former denominations, Pechblende, pitch-iron-ore, &c. are no longer applicable, and must be supplied by another more appropriate name. I have chosen that of Uranium, as a kind of memorial, that the chemical discovery of this new metal happened in the period of astronomical discovery of the new planet Uranus.”

KindScienceNamesHappenedPlanetsPeriodsDiscoveryChosenFormerSubstanceAppropriateIronChemicalsPeculiarMetalsMemorialDenominationsNomenclatureUraniumMetallicIron Ore
Author:Martin Heinrich Klaproth
Create image

“Do not expect to be hailed as a hero when you make your great discovery. More likely you will be a ratbag-maybe failed by your examiners. Your statistics, or your observations, or your literature study, or your something else will be patently deficient. Do not doubt that in our enlightened age the really important advances are and will be rejected more often than acclaimed. Nor should we doubt that in our own professional lifetime we too will repudiate with like pontifical finality the most significant insight ever to reach our desk.”

ShouldImportantAgeScienceLiteratureStudyDoubtHeroDiscoveryLifetimeInsightSignificantObservationEnlightenedStatisticsDesksRejectedFinality
Author:Samuel Warren Carey
Create image

“I do not think that G. H. Hardy was talking nonsense when he insisted that the mathematician was discovering rather than creating, nor was it wholly nonsense for Kepler to exult that he was thinking God's thoughts after him. The world for me is a necessary system, and in the degree to which the thinker can surrender his thought to that system and follow it, he is in a sense participating in that which is timeless or eternal.”

ThinkingWorldScienceTalkingDegreesEternalCreatingDiscoverySurrenderNonsenseThinkerDiscoveringMathematicianTimelessParticipatingHardyKeplerThinking GodTalking Nonsense
Author:Brand Blanshard
Create image