Quotes About Sigma

The guns were Smith & Wesson Sigma .40s, which were modern part-polymer weapons, and expensive. They were both fully loaded.

Lean Six Sigma is a combination of both the Lean and Six Sigma philosophies. This creates a powerful improvement concept that applies data-driven tools to solve problems, transform processes, and reduce costs.

One of the most misunderstood aspects of a Gaussian is its fragility and vulnerability in the estimation of tail events. The odds of a 4 sigma move are twice that of a 4.15 sigma. The odds of a 20 sigma are a trillion times higher than those of a 21 sigma! It means that a small measurement error of the sigma will lead to a massive underestimation of the probability. We can be a trillion times wrong about some events.

Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.

There are two wolves inside of you, Glaucon. Anyone can have an alpha-beta pair; rarer are the alpha-alpha and beta-beta ones. Most precious of all are those who have stepped out of the Cave; the philosopher-kings who may rule society: the sigma-alpha pair.

I took a course called Statistical Analysis. And there was a guy in the course who used to make up all his computations, and he never used sigma. He used his own initials. Because he was the standard deviation.

I took a course at Cal once called Statistical Analysis. And there was a guy in the course who used to make up all of his computations and he never used Sigma. He used his own initials. 'Cause he was the standard deviation.