SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Things That Annoy Me

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David Lawrence who wrote ()1/18/1999 2:32:00 AM
From: Wigglesworth  Read Replies (1) of 4023
 
Planning by the Army, Navy and Air Farces (sic)!


Kenneth Arrow, a Nobel laureate in economic science, likes to tell his students the story of a group of statisticians (of which he was one) in the Pentagon during World War II who were responsible for forecasting the number of rainy days in Europe a month ahead of time. At some point, the statisticians concluded that the forecasts were worthless and asked Gen. Henry H. "Hap" Arnold, chief of the Army Air Forces, for permission to stop making them. After a few weeks the following reply came from Arnold: "The commanding general is well aware that the forecasts are no good. However, he has to have them for planning purposes."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext