October 17, 2010
The Design of Business
Mystery - Heuristic - Algorithm
The road to wisdom begins with ignorance
Reliability vs validity
- reliability = consistency
- validity = accurate
Advances in knowledge comes from the pursuit of valid (not reliable) results
Deductive reasoning: general to specific
Inductive reasoning: specific to general
No new idea can be determines by inductive or deductive reasoning by definition rather only by logical leaps of the mind.
The road to wisdom begins with ignorance
Reliability vs validity
- reliability = consistency
- validity = accurate
Advances in knowledge comes from the pursuit of valid (not reliable) results
Deductive reasoning: general to specific
Inductive reasoning: specific to general
No new idea can be determines by inductive or deductive reasoning by definition rather only by logical leaps of the mind.