Word: statisticians
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...United States spends as much on its military as do the next 12 largest countries in the world combined. As Yale history professor Paul Kennedy has written, “A statistician could have a wild time compiling lists of the fields in which the U.S. leads.” Now, as M1A1 Abrams tanks take up positions on Baghdad street corners, the question is how the U.S. will wield its “big stick...
Smoking seems to bring out the inner statistician in people. Sure, smokers know their habit can lead to lung cancer, but what are the odds it actually will? How does smoking a pack a day for 20 years compare in risk with smoking two packs daily for 40 years? And if you quit, how much do your odds improve? The results of a study published last week in the Journal of the National Cancer Institute offer smokers some help--at least with the math. The tricky part is knowing what to do with the answer...
...Morris ever since he first pored over box scores as a teenager in the 1950s in San Diego. Watching the then-minor league San Diego Padres, Morris says he developed an “early love for quantitative systems and theories” and actually wanted to be a statistician when he was very young. “I thought it would be such fun to figure things out like batting averages as a young teen,” he says, “but I dismissed it [as a career], like being a movie star. Then I found...
...Stanford, Morris worked for 11 years at the Rand Corporation as a national researcher, applying his knowledge of statistics in the real world so he “could do more than teach the same courses I’d taken.” But even working as a statistician outside the ivory tower, baseball was never far away. “Hospitals are like baseball players,” he says. “They have batting averages for certain types of surgeries...
...pair of jeans that are 10 years old and one size too small." Phil Marineau, Levi Strauss CEO, explaining why the company is launching a brand to be sold in discount stores "Your middle name must be Teflon." George Mudie, British M.P., on how the country's chief statistician survived after his office made a $67 billion accounting error "We had been promised a great leap forward. What we got was an inch in the right direction." Brian Coulton, senior director at the Fitch rating agency, on Japan's new bank reform plan