TRUTH about US R&D SPENDING from BRITISH NATURE
Terry Moore
T.Moore at massey.ac.nz
Mon Apr 29 18:42:24 EST 1996
In article <4m0iu7$ode at news.orst.edu>, edstrom at slugo.hmsc.orst.edu (John
Edstrom) wrote:
The amount deducted varies from university to
> university. Typical values are from 60-110% of the grant.
I find it hard to believe the latter figure.
"Congratulations, you have just been awarded a grant of
$100000. As you know it costs money to pay for overheads.
You owe us a further $10000. Please forward this by return
mail".
Terry Moore, Statistics Department, Massey University, New Zealand.
Imagine a person with a gift of ridicule [He might say] First that a
negative quantity has no logarithm; secondly that a negative quantity has
no square root; thirdly that the first non-existent is to the second as the
circumference of a circle is to the diameter. Augustus de Morgan
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