Warning: Undefined array key "visitor_referer_type" in /var/www/vhosts/wordinf.com/core/app/libraries/Core.php on line 98
Richard Stone - A choice may have to be made between a...

A choice may have to be made between a biased estimator which is believed to be relatively accurate and an unbiased estimator which is demonstrably highly inefficient, and it is by no means obvious that the latter is always to be preferred. (Richard Stone)

A choice may have to be made between a biased estimator which is believed to be relatively accurate and an unbiased estimator which is demonstrably highly inefficient, and it is by no means obvious that the latter is always to be preferred.

Richard Stone

Related topics

choice estimator inefficient latter preferred means

Related quotes

The truth is often terrifying, which I think is one of the motifs of Larry and Andrew's cinema. The cost of knowledge is an important theme. In the second and third films, they explore the consequences of Neo's choice to know the truth. It's a beautiful, beautiful story.

Keanu Reeves

Pakistan not only means freedom and independence but Muslims ideology which has to be preserved which has come to us a precious gift and treasure and which we hope, others will share with us.

Muhammad Ali Jinnah

There is only one tactical principle which is not subject to change. It is to use the means at hand to inflict the maximum amount of wound, death, and destruction on the enemy in the minimum amount of time.

George S. Patton

There will always be disputes between nations which, at times, will inflame the public and threaten conflicts, but the main thing is to educate the people of the world to be ever mindful that there are better means of settling such disputes than by war.

Frank B. Kellogg

An award means a lot to me. It brings happiness along with a kind of fear. It brings fear because the award is the responsibility which audiences have put on us. So a singer winning an award should always try to give best of him to the audiences.

Shreya Ghoshal