“As every bookie knows instinctively, a number such as reliability - a qualitative rather than a quantitative measure - is needed to make the valuation of information practically useful.”

—  Hans Christian von Baeyer

Source: Information, The New Language of Science (2003), Chapter 24, Bits, Bucks, Hits and Nuts, Information theory beyond Shannon, p. 221

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "As every bookie knows instinctively, a number such as reliability - a qualitative rather than a quantitative measure - …" by Hans Christian von Baeyer?
Hans Christian von Baeyer photo
Hans Christian von Baeyer25
American physicist 1938

Related quotes

Hendrik Casimir photo

“For although it is certainly true that quantitative measurements are of great importance, it is a grave error to suppose that the whole of experimental physics can be brought under this heading. We can start measuring only when we know what to measure: qualitative observation has to precede quantitative measurement, and by making experimental arrangements for quantitative measurements we may even eliminate the possibility of new phenomena appearing.”

Hendrik Casimir (1909–2000) Dutch physicist

in his memoirs, as quoted by [Jean Matricon, G. Waysand, Charles Glashausser, The cold wars: a history of superconductivity, Rutgers University Press, 2003, 0813532957, 18]

Geoffrey Moore photo

“You need to understand that informed intuition, rather than analytical reason, is the most trustworthy decision-making tool to use.”

Geoffrey Moore book Crossing the Chasm

Source: Crossing the Chasm, 1991, p. 67

Robert Greene photo

“The key then to attaining this higher level of intelligence is to make our years of study qualitatively rich. We don't simply absorb information - we internalize it and make it our own by finding some way to put this knowledge to practical use.”

Robert Greene book Mastery

Source: Mastery

“[A process for encoding qualitative information] used as part of many qualitative method, considers that is not a separate method but something to be used to assist the researcher in the search of insight.”

Richard Boyatzis (1946) American business theorist

Source: Transforming qualitative information (1998), p. as cited in: Graciela Tonon (2012) Young People's Quality of Life and Construction of Citizenship. p. 53.

Pericles photo

“Our love of what is beautiful does not lead to extravagance; our love of the things of the mind does not make us soft. We regard wealth as something to be properly used, rather than as something to boast about. As for poverty, no one need be ashamed to admit it, the real shame is in not taking practical measures to escape from it.”

Pericles (-494–-429 BC) Greek statesman, orator, and general of Athens

Book 2.40
History of the Peloponnesian War

Robert M. Pirsig photo

“We want to make good time, but for us now this is measured with the emphasis on "good" rather than on "time"….”

Robert M. Pirsig book Zen and the Art of Motorcycle Maintenance

Source: Zen and the Art of Motorcycle Maintenance: An Inquiry Into Values

“We have more information now than we can use, and less knowledge and understanding than we need. Indeed, we seem to collect information because we have the ability to do so, but we are so busy collecting it that we haven’t devised a means of using it. The true measure of any society is not what it knows but what it does with what it knows.”

Warren Bennis (1925–2014) American leadership expert

Warren G. Bennis (1990) Why leaders can't lead: the unconscious conspiracy continues. p. 143
1990s

“is a process for encoding quantitative information.”

Richard Boyatzis (1946) American business theorist

Source: Transforming qualitative information (1998), p. 4.

Nikola Tesla photo

“That electrical energy can be economically transmitted without wires to any terrestrial distance, I have unmistakably established in numerous observations, experiments and measurements, qualitative and quantitative. These have demonstrated that is practicable to distribute power from a central plant in unlimited amounts, with a loss not exceeding a small fraction of one per cent, in the transmission, even to the greatest distance, twelve thousand miles — to the opposite end of the globe.”

Nikola Tesla (1856–1943) Serbian American inventor

A Means for Furthering Peace (1905)

Ayelet Waldman photo

“Those of us whose parenting style can be described as "a series of reflexes, instincts, and minute-by-minute adjustments," as Julie of A Little Pregnant puts it, rather than as a philosophy, are less invested in our own practices. What we do is often less a matter of conviction than one of convenience. What we need to remember is that there is no need to apologize for that, even in the face of the most red-faced outrage.”

Ayelet Waldman (1964) American- Israeli writer

Salon.com column http://www.salon.com/mwt/col/waldman/2005/08/15/judgment/index1.html

Related topics