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Ch.8E Statistics and the Virtue of Idealism (Pages 742-752)

Page 753

Statistics Definition
A mathematical science pertaining to the collection, analysis, interpretation or explanation, and presentation or data, it is applicable to a wide variety of academic discipline, from the physical and social science to the humanities. Statistics are also used for making informed decisions and sometimes misused intentionally or accidentally.
 
The word statistics is also the plural of statistic (singular), which refers to the result of applying a statistical algorithm to a set of data, as in economic statistics or any type of statistic, etc…
 
Author’s Comments
The etymology of statistics derives from the new Latin term statisticum Collegium (Council of State) and the deed or word statista  means (statesman or politician). ~ Statistics Etymology Definition and or Psalm
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“Love is a verb.” ~ Proverb
&
A man loves his sweetheart the most and his wife the best and his mother the longest.~ Irish Proverb
&
“If you don’t know what your passion is, realize that one reason for your existence on earth is to find it. ” —Oprah 229
           & 
When management with a reputation for brilliance tackles a business with a reputation for poor fundamentals, it is the reputation of the business that remains intact.  ~  1130 Warren Buffett
 
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Church of Truth and Light Tactful Humor Question The Statistics to all other Religions are? I love comedy; so you want to make them happy, make them laugh. -Delta Burke...One man's theology is another man's belly laugh sometimes . ~ Robert A. Heinlein Revised
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Words of Wisdom Understanding Enlightenment & Quality: “Do what you love, love what you do, and deliver more than you promise.”  
—Harvey Mackay
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Norway Norwegian Proverbs: The best fruits of severe experiences are useful to many ~ Make deft use of what you learn to the degree you can gather. ~ Good reckoning forms decent friendship. ~ Rather free in a foreign place than slave back home. ~ Shameful deeds bring on revenge. ~ The headless army can be in for a hard time. ~ When the glacier sees the spring sun, he weeps. ~ Who marries too hastily can regret it too constantly and wistfully. ~ Rather a bit correctly than much incorrectly. ~ The lowest fence it the easiest to get across. ~ It's bad to be ashamed for something very well done. ~ Who little ventures, little gains. ~ Anyone has to live on top of good customs where he is settled. ~ It's best to search while the trail is new. ~ A weeping suitor, a barefoot smith, a runaway horse and a stammering minister, who do you prefer? ~ To gather and spare can last long. ~ Norwegian Gist Proverbs Wild and weird counsel" may be inspected, for wild-looking sayings can contain much heart-warming counsel, and useful counsel too. ~ Maxims and bon mots are often used to steer enterprises. ~ Seek the helpful counsel of experienced and successful persons that trust you. ~ Modified Norwegain Proverbs Where there is no discipline, there is no honour. ~ Without discipline, the world would get out of order. ~ Fodder and care make the cattle pleasant. ~ It is a poor ear of grain that is without an awn on it. (: It is a miserable creature that never gets irritated.) ~ Age Proverbs: Age changes the hair, but not always the mind. ~ Age is nothing to boast of; you get it for free. ~ Age does not always help against foolishness. ~ Age wants honour. ~ Old age and poverty are a spiteful company • Age and disease walked to the village. There they found destitution; then they were three. ~ His age does not forget the man • Even though the man forgets how old he is, his age does not forget him. ~ Where age gets in, he will never get out again.
 
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How do you fit into the picture here…Do you like educated or uneducated…Are you my 10 for 10 Date ten minutes ten minutes of Great Will Power 10 Minutes Down the Road We got to be like Monopoly….
~ Sometimes you may need to ask Yes or No Questions that Change Your Life for the Better Lifestyle Quality Questions that Line and or  Saves Time 
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I will never lay a finger on you other than what fingers were or are meant for…hold my hand will you can you…?  ~ This One This One is Country Humor Laughter Friendship Line 4 Who or Whom….?
 
-AND-
Listen to music selection Sam Cooke “Tenderness”
Is the Man Who Invented Soul Music
 
 
 
 
 
 
 


 
 
 
 
 
 
Page 745

Statistics is the Science of
 
1.)      Planning Observations
2.)      Summarizing Statistical data,
3.)      And interpreting statistical data
 
Mark Twain said, “There are lies, damn lies and statistics. This describes a common view about statistics, which is dubious in the extreme about their value.
 
But the fact that statistics can be, and are, distorted and misuse cannot change the fact that statistics has an enormous value. Whenever, a prevailing orthodoxy exists, it is clarifying to examine that orthodoxy by some objective method, and statistics are one of the best methods.
 
A good working knowledge of statistics
Can also help us to see clearly
When others are misusing
Statistics to gain advantage
 
Methods or Analysis of Statistics are
Theory---Applied---Descriptive
Inference---Probability & Statistics
ANOVA—Multivariate
 
 
Data mining is an applied form of descriptive statistics
 that involves the analysis of large volumes
 of data and the extraction of useful
correlations or knowledge
 
Author’s Comments
Social Security must be presented and strengthened. But we need to be candid about the costs and willing to make the tough choices that real reform will require.
 ~ Lindsey Graham Republican Congresswoman of South Carolina ( Born: July 9, 1955--       )
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“Whoever I am, or whatever I am doing, some kind of
excellence is within my reach.”~ Human Potential Proverb
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It’s better to light a candle than to curse the darkness. ~ Chinese proverb
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“Positive Habits change into Positive character.” ~ Publius Ovidius Naso Ovid Revised

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Comedy Tactful Humor Quality Improvement Checkpoint: A girl phoned me the other day and said, "Come on over, there's nobody home." I went over. Nobody was home. -- One Liner by Rodney Dangerfield
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Stay Positively Hungry with Motivation Inspiration Tactful Humor Encouragement Mantra Motto Creed : " 1131 Mr. Bill Gates once said:"Success is a lousy teacher. It seduces smart people into thinking they can't lose." Gates' former rival, Steve Jobs, Said it AnotherWay: "Stay hungry." See Bio 1106 for more Info
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Mantra Motto Creed: "Don't count every day of the week; make every day of the week count."-- Mark Amend

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Do you know how to change eye color? Tell me how? If you can do it for me? Pull me, I’ll pull you. Everlasting Light Shine Your Light…
~ Aqua Green Eyes My Favorite Line Up in the Club the Lights Flash Aqua
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If you don't know jewelry, know the Jeweler...
~ 1130 Warren E. Buffett Investors more than Invest Line
 
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Listen to music selection by James Taylor “Something in the Way She Moves”







Page 746

Statistical Methods

Can be used to summarize or describe a collection of data;
This is called descriptive statistics examples are
The mean and standard deviation
And Mode
 
Inferential Statistics patterns in the data may be modeled
 in a way that accounts for randomness and uncertainty
In the observations, and then used to draw inferences
about the process or population being studied
 
Applied Statistics
Comprise
Of both
Descriptive & Inferential Statistics
 
There is also a discipline
Called Mathematical statistics,
Which is concerned with the
Theoretical basis of the subject
 
Author’s Comments
Greenspan was sometimes so hard to understand that Motley Fool radio show included a game called “what Did the Fed Chief Say?”, where contestants were challenged to interpret snippets  of Greenspan’s speeches. Greenspan mocked his own speaking style in 1988 when he said, “I guess I should warn you, if I turn out to be particularly clear, you’ve probably misunderstood what I said.” To a central banker, being unclear is often an advantage since it grants more flexibility: if he is too predictable. Markets are more willing to speculate in his future actions, and any move he makes will already be potentially priced into the economy what algorithms or inflation and unemployment targets the Fed used in setting the interest rate. Despite this, over the years he built credibility in the financial markets that he was willing to fight inflation. The flexibility permitted him to affect the economy by, say, lowering interest rates in order to fight a recession while his credibility make it possible to do this without shocking the bond market.
- 13 Chairman of the Board of Governors of Federal Reserve Alan Greenspan  ( Born: March 26, 1926)
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In the house of the wise are stores of choice food and oil, but a foolish man devours all he has. 
~ Proverbs 21:20
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Have mercy on me, O God, according to your unfailing love;
       according to your great compassion blot out my transgressions.
Wash away all my iniquity and cleanse me from my sin. ~ Psalm 51:1-2 (NIV)
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“Divide each difficulty into as many parts as necessary to resolve it.” Rene Descartes

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Tactful Humor Quality Improvement Checkpoint: There is nothing like holding a sleeping newborn in your arms. Until he or she wakes up and smiles at you.....
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Water Words of Positive Wisdom: Keep good, healthy, positive & creative thoughts everyday and you will never have anytime to worry..♥
 
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Candy lips and Spicy Ass, out of the Woods are We in the Clear Yet, If you was a exotic seductive soul Caution to the Wind. You would be my Wild Berry Splash Surprise…
 ~ Erotic Seduce Pounce Surprise anytime Line 
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Sexual Chocolate say…Where is my Chill at….? How does a female find her way to complete happiness…Can you find it…? ~ Female Line 4 Who…?
 
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Listen to music selection by Mandy Perkins “Who I am”












Page 747

Variances of Measurements

The mean is a quantity with a value intermediate
Between the values of other quantities
Averaging middling, the average obtained by dividing
The sum of two or more quantities by the number of these quantities 
The mean as a measure for location
The center to find the census of a population
If you could complete the mean in your slumber
The sum of calculations round about average number
 
The standard deviation is the Square root of the Variance 
Variance is the quality of being subject to variation
The Variance is an expected value from the square root of deviations of a random variable
From its mean value after the initial step of calculating the mean
To measure a distribution variation
From the mean find each standard deviation
After the mean comes standard deviation the scores are many
Variables sets and formulas if any
 
The square root of variance is called the Standard Deviation
The gauge of a trait’s variability
The most frequent value of a random variable is the Mode
The Mode is also the value, number, etc… most frequent in given series in statistics
 
Author’s Comments
At a time when we are losing manufacturing jobs in this country, we should be doing everything we can to help our manufacturers stay competitive. They are the backbone of our economy.
~ Debbie Stabenow Democratic Congresswoman of Michigan ( Born: April 29, 1950- )   Courtly Slot 627
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I have learned that every man lives not through care of himself, but by love. -Leo Tolstoy
&
Love is the greatest refreshment in life.” —Pablo Picasso

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Tactful Humor Romantic Comedy: With girls sometimes I may not think right. I had a date with one girl, she had mirrors all over her bedroom. She told me to come over and bring a bottle. I brought Windex.-- One Liner by Rodney Dangerfield Revised
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 Clarification Love Point: Above all, love each other deeply, because love covers over a multitude of sins . ~ 1 Peter 4:8                                                                        -AND-
 Encouraging Good Words Biblical Water Point : Anxiety in the heart of man causes depression, but a good word makes it glad. ~ Proverbs 12:25

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You like hopping John’s Black Eyed peas in a pot of beans and celery sticks that Twitch 
~ Country Wit of Romance Line
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Candy Red Cherry to pluck a Berry. Candy Red my pick up is very. Candy red cherry heat off the exhaust…Candy Red Cherry are you the Boss. Candy Red Cherry are you ready…
~ Epigram Humor Psalm Simmer Down Rhyme Line
 
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Listen to Hip Hop Instrumental “Graitas” by Little People










Page 748
Bell Curve Norm
The old traditional 70% vs.  30%, There is a need for a shift change 97% to 3% At least
 
Adolphe Quetelet statistician reform may need to transform
In statistics there is a standard or model or pattern regarded as a typical form need to Perform
In society or community Government calls this the Bell Curve As If the Norm of Performance the Norm
There is a need to transform the lower 30% to 3% higher Level of understanding U than I than We that needs reform
 
How random sampling can be wrong
If the average mean be right
If time for change truth and facts be long
And the margin of error be slight
 
Accuracy, probability a statistical forecast can lead to a high percentage truth ratio
If it an accurate forecast and it is predictable it becomes a true prediction even in a Storm Sonota Form
Exactness and exactitude understanding of needs leads to precision Sonata Form
Bell Curve Norm time for Reform Truth, no need to verify, fidelity and truthfulness first movement 
Of  Peaceful Loving People and Symphony Faith or Faithfulness   
 
There is a time for change
The Upper 70% of the Social Class is this category of the Old or Out Dated Past Move in Room need needs Improvement
Traditional methods have fell the greater whole concept of intellectual society needs much improvement
Society has to educate and give the poor the tools to be successful room for exchange
 
A statistic describing the location of a distribution Like people With-in the norm
Like sets of variables interchange
As if it is healthy and motivating civilization medium of exchange needs to be humane positively guided with caring order
In order to achieve positive progress as a one World  Civilized Civil Loving lovelove peaceful people Senota Form Sometimes you have to make the First Move Love Revolution….
 
In the hearts of man
Hyperbole they may be no fan
Extravagant exaggeration need a plan
It can make a situation better it sometimes depends on your attention span
 
But, it takes women, ladies and females fidelity
Foundation groundless obstacles Boundless hope no doubt to infinity
Love, Care, Compassion, Determination, Persistence, Positive Attitude family faithfulness Senota Symphony
Simple influential educational healing communicational miracle communication Laws of Love Laws of God Absolute Positive Truthfulness
Arrange and or Rearrange the Bell Curve Norm

Author’s Comments

Pump and Dump
An investment scheme, sometimes illegal, in which false recommendations
are made concerning a stock’s future performance in order to drive
share prices up. Investors making the false recommendations intend to
sell their shares when the share price reaches a higher level.
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God is not interested in our good works or our rules. There is nothing we can do, nothing we can offer Him as a Holy God that He can accept – except our faith in Jesus Christ… -Jack Winter
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I am still determined to be cheerful and happy, in whatever situation I may be; for I have also learned from experience that the greater part of our happiness or misery depends upon our dispositions, and not upon our circumstances.”
-- Martha Washington the First 1 Lady of the United States 

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Jane Austen #16 Bio is on Pg.1482, “Persuasion” History Lesson Poem Inside of a Poem: All the privilege I claim for my own sex (it is not a very enviable one: you need not covet it) is that of loving longest, when existence or when hope is gone. -Anne Elliott
 
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Hey, Love Handle’s…Can I hold yours? ~ The View Hold Handle Line
 
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Listen to music selection by Stereo MCs “Connected” 1993
***Do it Again by being Impetus Water Positive***
















Page 749

Origin of Probability

The mathematical methods of statistics
Emerged from probability theory
Which can is dated to the correspondence of
Pierre De Fermat and Blaise Pascal (1654)
 
In the Modern Era, during the Modern Era of the Present Past
The work of Kelmogrou has been instrumental in formulating
The fundamental model of the probability theory
Which is used throughout statistics
 
Probability is the origin the quality of being probable,
The measure of how likely, it is that some events will occur
For Example:
What is the probability of Olympic Records being broken during the Olympics?
 
Author’s Comments
We’ve backed ourselves into a very dangerous situation. The economy is dependent on everyone consuming like crazy. If everyone heard my diatribe and said, Yeah, we better start saving, the economy would go into a recession. - Dean Baker-Economic & Policy Research
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Don’t bother just to be better than your contemporaries or predecessors. Try to be better than yourself. - William Faulkner
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Christ’s will was, and is, to unite…Christ said, “I am the Way”…the Way is simple, light and straight, and unifies the whole of life.– Kathleen Hasenberg
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Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.”  
—Leo F. Buscaglia
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Those who turn good (Organizations) into great (Organizations) are motivated by a deep creative urge and inner compulsion for sheer unadulterated excellence for its own sake.
- Jim Collins, Author of “Good to Great”A book to Reed Index II Pg.1519

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Disney is Walt Disney Heart Dream Vision Poem inside of a Poem: When your heart is in your dreams, no request is too extreme." --- Jiminy Cricket
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Shakespeare Pure Love Positive Quality Virtue :A Premise to the EIV Bible is nobody minds a perfect body and a lot of Love: Unless it's mad passionate, extraordinar love, It's a waste of your time. There are too many mediocre things in life. Love shouldn't be one of them... - Doc Dre
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Maxim Words of Wisdom and or Romantic Comedy Psalm and or Proverb: With Virtue you can't be entirely poor, without virtue you can't really be rich. ~ Chinese Proverb
 
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Ha Country Educated Woman…You  make me melt like hot fudge on sundae…you want to go to Church like Sunday…? ~ Sunday Church Service Line 
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Everybody Smiles in the same language...I can see us on the country side laying in the grass you amazes me...you are better than sun rays and sunshine "Doing what you love in business is the cornerstone of having abundance in your life." 
~ Surprise Smile One of Kind Laughter Line 4 Whom?
 
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Listen to music selection by Newsboys “In the Hands of God” Contemporary Christian Pop








Page 750-751

A Statistical Terminology with a Humorous Spin & Truth Mental Health
 
Whoever invented statistical terms, May had had a head stuffed with worms
Like the Mental Health Field with all their big words they are so much junk
What is the purpose of learning, if it don’t communicate stimulation to the mind
In the Positive Leadership Direction
Terms, Worms, Junk, Something Stinks’and something Stunk
 
Why’s the bell-shaped curve called normal?
Is it normal to be so formal?
There’s nothing mean about the mean.
It’s just average, as is clearly seen.
 
This stanza is for light humor but serious truth:
What’s so standard about that deviation?
It’s a really malicious, Mental Hospitals,
 If you don’t go to class everyday this is true it is  hard to achieve creation omnipotence
Steve Harper Say: All Business Students have to attend class or it will become a confusing function
Skipping Class it will frustrate and mystify a student who carries conjunction
Sports & People who exercise everyday are superior people with education when Always Positive
 
And who needs the variance?
When you got the standard deviants?
Variance is a form an analysis
As if love of education is the catalysis Close Net Family Chemistry Venture Capitalists’
 
The sums of squares like the square root
The greatest Professors like the best businesses in the World instruct knowledge Repute Cute Follow Suit
If you’re not sure about probability Life Lessons are Habits 
Terminology in eulogy the utility of nobility
 
 Conditional joints frequently points to relativity relatively
Statistical points’ comparison to something else appoints tactfully
Histogram heights of bars observed frequencies on a chart
Love in a loop impart knowledge wisdom enlightenment smart tails from the heart
 
Just a terminology chart statistical Norm and cheers
If happy reunions bring tears sometimes maybe it appears
To learn lessons of principles sexual humorous spin joyful times through the years pass the baton
Moral implications Vital Terminology Buxom Beauties love peers and press
 
Skewness and kurtosis, What a pair?
Slanting asymmetry skewness beware
Kurtosis Kymograph graphically recording motion blood pressure suppose Mental Health is a Cliff 
Research design analytical reasoning internal rhyme improves the mind on a curve and or Cure
To study and improve statistics until the end of time eternal
Spiritual Romance Rhythm & Rhyme undress the lean that leans between thighs heat infernal 
Regression analysis Progression penetration catalysis don’t jump of the Cliff Motivational Health Field and or Hospitals Eternal Incline Saves and Improves more Lives…
 
Highest Climax spots of intense pleasures release all the time causes paralysis Mental Health Hospitals
 
Kind of like heterosexual
Couples mate like bees pollinate
Male and Female’s are best meant to be in plural
As statistical terminology is to facts and truth like wipe cream on nipples evaporate a noose
Statistical Fact Mental Health Field especially Mental Hospitals you need to go away Permanently Die in the Past like you’re out dated Selves
Need Motivational Health Field & Motivational Hospitals
Permanently like Water Purifies with Exercise & Education running or streaming water changes pace it Purifies
 
Author’s Comments

Spot next
The purchase of a currency that is to be delivered the day after the 
Spot date. The delivery price is adjusted to account for the change 
in delivery date. For example, a spot one-week contract will result 
in the delivery of a currency one week after the spot date.
&
I have found the paradox that if I love until it hurts, then there is no hurt, but only more love, but does not mean do what they do…   ~ Mother Teresa, “The Simple Path” Pg.1487 #41
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Motivational Hospitals are defined by a special type of positive language and excellent habits that positively stimulate the mind and body while leading in the best positive guided direction. 
~ Carlos Bernard Toomer (Born: July 9, 1972)
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“No one is rich whose expenditures exceed his means, and no one is poor whose incomings exceed his outgoings.” ---Thomas Chandler Haliburton
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I cannot forget my mother. She is my bridge. When I needed to get across, she steadied herself long enough for me to run across safely. –Renita Weems

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Political Satire Tactful Humor: I get no respect. The way my luck is running, if I was a politician I would be honest.
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Streaming Water Clarification Love Quality Point: Fear defeats more people than any other one thing in the world." --Ralph Waldo Emerson #17 Pg.1482

-AND- 
Something tells me you are sweet like a Angel deep and good as a Apple core wave nature… I don’t Mind Sampling, Cultivation… Sweet loving LoveLoveLove. ~ Angel Sampling Line 
-AND- 
My inbox told me about my needs it sent me a personal message get the getting while the getting is more than good… ~ Female Laughter Humor Line 4 Who?

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The Woodies and George Thorogood & the Destroyers “Who do you Love…”









Page 752

V.J. Cunningham ... A poem “Meditation on Statistical Method”

This poem is available at Brandeis University
It is not solely a matter of randomness.
Cunningham taught English literature for many years at Brandeis University
And poetry of high literary quality about statistics is relatively rare.
 
To further perturb or dig down deep in the depths
Of concepts about his literary work.
 In an issue of “Physics Today” the poem is quoted at the end of an article 
On the application of statistics in physics
 
Cunningham who was a poet
Who left a very small corpus of work,
Mainly literary criticism, and a book of his collected poems
Published in 1971.
 
He was a epigrammatic poet and wrote a number
 of short obscene epigrams of great elegance.
The influence of Martial and Catullus
is present in his work.
 
The quoted poem seems
To have been written sometime about 1946
And shows a clear understanding
of the statistical concepts
 
One of his other poems
With a mathematical theme,
Some 4 lines
About calculus is archived.
 
It is good to see
His elegant and cynical work brought
To the attention
Of a statistical audience.

Author’s Comments
 “Let no man imagine that he has no influence. Whoever he may be, and wherever he may be placed, the man who thinks becomes a light and a power.” -Henry George 
 & 
  Basis swap: A specific type of interest rate swap, where the interest rates exchanged are based on different money markets or currencies.   
&
  To be a great champion you must believe you are the best. If you’re not, pretend you are.”  
––Muhammad Ali  

  -AND-
Water Words of Positive Wisdom: The most powerful weapon on earth is the human soul full of passion on fire with absolute love... ~ Ferdinand Fock Revised  Love consists of this: two solitudes that meet, protect and greet each other.  ~ Rainer Maria Rilke
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Education Tactful Humor Quality Improvement: I have never let my schooling interfere with my education. ~ Mark Twain #25  Pg.1484
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Pure Water Love needs Quality Love Biblical Verse: I love all who love me. Those who search will surely find me. -Proverb 8:17 

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You give my vector both direction, stimulation, and magnitude.  Your sector and my vector Upscale Whiskey Sour High Ball Tapas Joint go together nice. Our imagination together leaves room for improvement, a segment section perfect match or combination it just depends on more than friction conversation and or the friction conversation or communication...
~ Let’s Practice Romance & Love Forever and be steady and Trustworthy
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If, you ever ask for more than conversation of touch my needs are your needs...
~ 629 Kate Walsh Conversation of Touch Courtly Compassion Lovers lovelove Lovers Love a 629# of more than a Line

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Listen to music selection by JJ Jackson “It’s Alright”





























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