26 December 2018

🔭Data Science: Precision (Just the Quotes)

"Simplicity and precision ought to be the characteristics of a scientific nomenclature: words should signify things, or the analogies of things, and not opinions." (Sir Humphry Davy, Elements of Chemical Philosophy", 1812)

"[Precision] is the very soul of science; and its attainment afford the only criterion, or at least the best, of the truth of theories, and the correctness of experiments." (John F W Herschel, "A Preliminary Discourse on the Study of Natural Philosophy", 1830)

"Numerical facts, like other facts, are but the raw materials of knowledge, upon which our reasoning faculties must be exerted in order to draw forth the principles of nature. [...] Numerical precision is the soul of science [...]" (William S Jevons, "The Principles of Science: A Treatise on Logic and Scientific Method", 1874)

"One is almost tempted to assert that quite apart from its intellectual mission, theory is the most practical thing conceivable, the quintessence of practice as it were, since the precision of its conclusions cannot be reached by any routine of estimating or trial and error; although given the hidden ways of theory, this will hold only for those who walk them with complete confidence." (Ludwig E Boltzmann, "On the Significance of Theories", 1890)

"Physical research by experimental methods is both a broadening and a narrowing field. There are many gaps yet to be filled, data to be accumulated, measurements to be made with great precision, but the limits within which we must work are becoming, at the same time, more and more defined." (Elihu Thomson, "Annual Report of the Board of Regents of the Smithsonian Institution", 1899)

"The apodictic quality of mathematical thought, the certainty and correctness of its conclusions, are due, not to a special mode of ratiocination, but to the character of the concepts with which it deals. What is that distinctive characteristic? I answer: precision, sharpness, completeness of definition. But how comes your mathematician by such completeness? There is no mysterious trick involved; some ideas admit of such precision, others do not; and the mathematician is one who deals with those that do." (Cassius J Keyser, "The Universe and Beyond", Hibbert Journal Vol. 3, 1904–1905)

"It is difficult to find an intelligible account of the meaning of ‘probability’, or of how we are ever to determine the probability of any particular proposition; and yet treatises on the subject profess to arrive at complicated results of the greatest precision and the most profound practical importance." (John M Keynes, "A Treatise on Probability", 1921)

"It is never possible to predict a physical occurrence with unlimited precision." (Max Planck, "A Scientific Autobiography", 1949)

"Precision is expressed by an international standard, viz., the standard error. It measures the average of the difference between a complete coverage and a long series of estimates formed from samples drawn from this complete coverage by a particular procedure or drawing, and processed by a particular estimating formula." (W Edwards Deming, "On the Presentation of the Results of Sample Surveys as Legal Evidence", Journal of the American Statistical Association Vol 49 (268), 1954)

"Scientists whose work has no clear, practical implications would want to make their decisions considering such things as: the relative worth of (1) more observations, (2) greater scope of his conceptual model, (3) simplicity, (4) precision of language, (5) accuracy of the probability assignment." (C West Churchman, "Costs, Utilities, and Values", 1956)

"The precision of a number is the degree of exactness with which it is stated, while the accuracy of a number is the degree of exactness with which it is known or observed. The precision of a quantity is reported by the number of significant figures in it." (Edmund C Berkeley & Lawrence Wainwright, Computers: Their Operation and Applications", 1956)

"The two most important characteristics of the language of statistics are first, that it describes things in quantitative terms, and second, that it gives this description an air of accuracy and precision." (Ely Devons, "Essays in Economics", 1961)

"We all know that in economic statistics particularly, true precision, comparability and accuracy is extremely difficult to achieve, and it is for this reason that the language of economic statistics is so difficult to handle." (Ely Devons, "Essays in Economics", 1961)

"It is of course desirable to work with manageable models which maximize generality, realism, and precision toward the overlapping but not identical goals of understanding, predicting, and modifying nature. But this cannot be done." (Richard Levins, "The strategy of model building in population biology", American Scientist Vol. 54 (4), 1966) 

"In general, complexity and precision bear an inverse relation to one another in the sense that, as the complexity of a problem increases, the possibility of analysing it in precise terms diminishes. Thus 'fuzzy thinking' may not be deplorable, after all, if it makes possible the solution of problems which are much too complex for precise analysis." (Lotfi A Zadeh, "Fuzzy languages and their relation to human intelligence", 1972)

"As the complexity of a system increases, our ability to make precise and yet significant statements about its behavior diminishes until a threshold is reached beyond which precision and significance (or relevance) become almost mutually exclusive characteristics." (Lotfi A Zadeh, 1973)

"Simplicity is worth buying if we do not have to pay too great a loss of precision for it." (George Pólya, "Mathematical Methods in Science", 1977)

"Computational reducibility may well be the exception rather than the rule: Most physical questions may be answerable only through irreducible amounts of computation. Those that concern idealized limits of infinite time, volume, or numerical precision can require arbitrarily long computations, and so be formally undecidable." (Stephen Wolfram, Undecidability and intractability in theoretical physics", Physical Review Letters 54 (8), 1985)

"Negative feedback only improves the precision of goal-seeking, but does not determine it. Feedback devices are only executive mechanisms that operate during the translation of a program." (Ernst Mayr, "Toward a New Philosophy of Biology: Observations of an Evolutionist", 1988)

"A mathematical model uses mathematical symbols to describe and explain the represented system. Normally used to predict and control, these models provide a high degree of abstraction but also of precision in their application." (Lars Skyttner, "General Systems Theory: Ideas and Applications", 2001)

"Precision does not vary linearly with increasing sample size. As is well known, the width of a confidence interval is a function of the square root of the number of observations. But it is more complicate than that. The basic elements determining a confidence interval are the sample size, an estimate of variability, and a pivotal variable associated with the estimate of variability." (Gerald van Belle, "Statistical Rules of Thumb", 2002)

"Statistics can certainly pronounce a fact, but they cannot explain it without an underlying context, or theory. Numbers have an unfortunate tendency to supersede other types of knowing. […] Numbers give the illusion of presenting more truth and precision than they are capable of providing." (Ronald J Baker, "Measure what Matters to Customers: Using Key Predictive Indicators", 2006)

"[myth:] Accuracy is more important than precision. For single best estimates, be it a mean value or a single data value, this question does not arise because in that case there is no difference between accuracy and precision. (Think of a single shot aimed at a target.) Generally, it is good practice to balance precision and accuracy. The actual requirements will differ from case to case." (Manfred Drosg, "Dealing with Uncertainties: A Guide to Error Analysis", 2007)

"Popular accounts of mathematics often stress the discipline’s obsession with certainty, with proof. And mathematicians often tell jokes poking fun at their own insistence on precision. However, the quest for precision is far more than an end in itself. Precision allows one to reason sensibly about objects outside of ordinary experience. It is a tool for exploring possibility: about what might be, as well as what is." (Donal O’Shea, “The Poincaré Conjecture”, 2007)

"Precision and recall are ways of monitoring the power of the machine learning implementation. Precision is a metric that monitors the percentage of true positives. […] Recall is the ratio of true positives to true positive plus false negatives." (Matthew Kirk, "Thoughtful Machine Learning", 2015)

"Repeated observations of the same phenomenon do not always produce the same results, due to random noise or error. Sampling errors result when our observations capture unrepresentative circumstances, like measuring rush hour traffic on weekends as well as during the work week. Measurement errors reflect the limits of precision inherent in any sensing device. The notion of signal to noise ratio captures the degree to which a series of observations reflects a quantity of interest as opposed to data variance. As data scientists, we care about changes in the signal instead of the noise, and such variance often makes this problem surprisingly difficult." (Steven S Skiena, "The Data Science Design Manual", 2017)

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