Word: making
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Dates: during 1940-1949
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...conference also heard Frederick Mosteller, lecturer on Mechanical Statistics, predict that new Large-scale Digital Calculating machinery may soon enable scientists to predict mathematically the chances of success of a given marriage or the degree of readjustment to the community that a given parolee will make when he is released from prison...
...There is a crying need for a few basic studies dealing in detail with the whole economy," Waugh stated. The machine, he continued, will enable us to make such extensive analysis because for the first time it will be possible to take into account the thousands of variables that influence the economy...
...make intelligent decisions about their economic future, citizens must know what the alternatives are, and the large-scale computer, Waugh states, can give us useful information about the alternatives...
What about timing? Can the mathematician, with the help of large-scale computers, help us to make intelligent choices and avoid alternate periods of boom and bust? Computers can, Waugh said, to the extent that they will help us to foresee the probable results of the various economic policies up for consideration...
Council officers, however, have extended a special invitation to men interested in working with the Council or on a committee. Under the present system committees, composed of a council member and a number of students study a particular problem in detail during the year and make a report on which the council can take action...