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ISASTATISTICS FOR ECONOMICS
APPENDIX B
‘TABLE OF TWO-DIGIT RANDOM NUMBERSAPPENDIX (Cont.)‘Wuar Tuey Say
Statistics are no substitute for judgement.
Henry Clay
I abhor averages, | like the individual case. A man may have six
meals one day and none the next, making an average of three meals,
per day, but that is not a good way to live.
Louis D. Brandies
‘The weather man is never wrong. Suppose he says that there’s an
80% chance of rain. If it rains, the 80% chance came up, if it doesn't,
the 20% chance come up.
Saul Barron
‘The death of one man is a tragedy. The death of millions is a statistic,
Joseph Stalin
When she told me I was average, she was just being mean.
Mike Beckman
Why is a physician held in much higher esteem than a statistician?
A physician makes an analysis of a complex illness whereas a
statistician makes you ill with a complex analysis!
Gary C. Ramseyer