Quote

Wise man is the one, who reach out for maximum, appreciating the minimum.

Comments

Post a Comment

Popular posts from this blog

What is the difference between conjecture and hypothesis?

Similarities. Both of them are statements based on observations, that seem to be true, but have not been proved or disproved jet. Differences . As explained in G.Pólya and L.Bowden book "Mathematical methods in science", difference is in level of credibility that explanation is based on. Hypothesis is testable, and explanation is based on accepted grounds. Conjecture is proposition based on inconclusive grounds, and sometimes can not be fully tested. Another difference is that conjectures, unlike hypothesis, are used in math. Hypothesis usualy are used elsewhere. If conjecture is proven, it becomes a theorem . Still, the border between two terms remains blurry, and terms sometimes are used as synonyms. For example in math there is a conjecture called ' Riemann hypothesis ', which correctly should be called ‘Riemann conjecture’.
Read more

What is "impossible triangle"? (In business)

Image
Impossible triangle, in business, is triangle that describes any good or service that is provided by any company. And it states that three values Quality, Speed and Price can not all be combined into one offer. One MUST be sacrificed. Either product will be delivered fast and in good quality, but it will cost more. Either it will be in good quality, cheap, but it will be delivered in ordinary time. Or maybe it will be fast, cheap but the quality will be sacrificed. I heard, from one Harvard's graduate, this is what they learn in first semester, in business school. I think this is what i learned in first week in 'life school'.
Read more