“All models are wrong, but some are useful”
Originally a reflection on statistical modeling, this quote from British statistician George E. P. Box can also be helpfully applied to most business and planning models commonly used in strategic planning and governance deliberations. The quote is similar to American scientist and philosopher Alfred Korzybski’s remarks that “the map is not the territory” and that … Continue reading “All models are wrong, but some are useful”
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed