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Posted Jul 22 2008 8:23pm

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Essentially, all models are wrong, but some are useful.

-George Box

This is a fantastic thing to keep in mind. I have a very simple model for happiness at work that I’ve found to be very useful. But is itTrue? Absolutely not.

The corollary to the statement above is probably, that the less wrong a model is, the more useful!

(ViaJake).

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