Quote by Henry Clay

Statistics are no substitute for judgment.


Statistics are no substitute for judgment.

Summary

This quote emphasizes that relying solely on statistics is insufficient and ineffective when it comes to making decisions. While statistics provide valuable information and insights, they should not be the sole basis for judgment. Decision-making often requires applying critical thinking, intuition, experience, and considering unique circumstances that cannot be captured in statistical data alone. Ultimately, exercising sound judgment involves a holistic understanding that combines statistical analysis with a broader perspective, allowing for a more comprehensive and informed decision-making process.

By Henry Clay
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