The world-renowned statistician, Professor George Box, said, “Essentially, all models are wrong, but some are useful.” — that quote was the theme for one of the technical talks at the recent MOS-AK Workshop, held at UC-Berkeley. … Read More
Tag: george box
All Models Are Wrong, Some Are Useful
“All models are wrong, some are useful.” This remark is attributed to the statistician George Box who used it as the section heading in a paper published in 1976.
Just for fun I looked up a few semiconductor statistics from 1976. Total capital spending was $238M in Japan and $306M in US and…that’s it, there was nobody else back then … Read More