Quotation
Quote by Lisa D. Cook
However, I would not put too much weight on a single data point, especially in what remains a highly uncertain environment.
Explore the idea
Understanding this quote
The speaker cautions against drawing strong conclusions from one isolated piece of information. Because the surrounding situation is still highly uncertain, a single observation may not give a reliable overall picture. More evidence is needed before treating that one data point as decisive.
Source & trust
About this quotation
- Source
- Board of Governors of the Federal Reserve System
- Format
- Speech
Explore the idea
Topics
Join the community
Keep meaningful words close.
Save quotes, follow people and topics, join conversations, and publish words of your own.
Conversation
0 comments
No comments yet.
Start the conversation about this quote.
“O ukusima se ne raspravlja, možemo tu laprdat’ i hejtat’, ali ne možeš protiv brojki.”
“It is necessary to adopt biometric methods in studying characters and variations, and to find the mean or means by coordination and seriation.”
“Whenever you can, count.”
“In my opinion, it is a fundamental thing that everybody should carry with him a finger print record.”
“People are starting to think a lot more about data as a competitive moat.”
“In most tribal traditions, no data is discarded as unimportant or irrelevant.”
Read quote“We are the product.”
“In other words, we must interrogate reality to make sure we are not setting forward-looking policy based on stale or inaccurate data.”
The Map Inside the Rain Barrel
When dry-season arguments divide her village, fourteen-year-old Luma discovers that the most convincing voice may belong to the person who has been paying closest attention.
Read Story