844 Quotes About Data

Doing this well requires a deep knowledge of the data mixed with a goodly dose of economic theory and economic judgment, ... Greenspan is, of course, a master.

You may have to listen to a lot of stories before you get the data you need ... but it's up to the interviewer to stay on track.

It's another game, another set of data to draw from. This one is obviously very positive; that's why it's important he follows it up with another one.

Trimming consists of clipping off little bits here and there from those observations which differ most in excess from the mean, and in sticking them onto those which are too small; a species of 'equitable adjustment,' as a radical would term it, which cannot be admitted in science.

We don't understand how two groups can use the same data and come up with such widely different conclusions.

We're so obsessed with [big] data, we forget how to interpret it.

We don't have enough data to know how big a problem this will be.

The employment data showed a lot of weakness,

We are in a regime where we are worried about the economic cycle, we're risk-loving and are determined by short-term interest rates. The trade data doesn't matter in this regime.