Important decision Quote by Frederick P. Brooks Jr

As every bookie knows instinctively, a number such as reliability - a qualitative rather than a quantitative measure - is needed to make the…

— Hans Christian von Baeyer

Practically everybody (1) overweighs the stuff that can be numbered, because it yields to the statistical techniques they’re taught in academia, and (2) doesn’t…

— Charlie Munger

In any decision situation, the amount of relevant information available is inversely proportional to the importance of the decision.

— Paul Dickson

“people rely on a limited number of heuristic principles which reduce the complex tasks of assessing probabilities and predicting values to simpler judgmental operations.…

— Daniel Kahneman

The easier it is to quantify, the less it's worth.

— Seth Godin

Data and data sets are not objective; they are creations of human design. We give numbers their voice, draw inferences from them, and define…

— Kate Crawford

A good decision is based on knowledge, and not on numbers.

— Plato

When values are clear, decisions are easy.

— John Spence

Statistics may be defined as "a body of methods for making wise decisions in the face of uncertainty.

— W. Allen Wallis

The importance of information is directly proportional to its improbability.

— Jerry Pournelle

I focus on the most important form of innumeracy in everyday life, statistical innumeracy--that is, the inability to reason about uncertainties and risk.

— Gerd Gigerenzer

In modern times sound policy-making must often come to grips with numbers.

— Randal Marlin