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Although I have been and am now a member of the American Statistical Association, I aim no statisticiain. This is a point well understood by those of you who knowv mne well. For those who do not, I might clarify my position by telling you that my participation in the affairs of the Association has been pretty much that of a consumer. In recent years I have been a rather faithful reader of your outstanding Journal aind have occasionally uinderstood what I have read. But I have made no contributions to the field of statistics and your program plainners have not invited me to participate in the prograimi of the American Statistical Association as a statistician. Rather, I should judge, they have felt it appropriate that a dean, having some measure of responsibility in the economics and business area, should be invited to entertain you with his rather limited views of the role of statistics in these fields, and particularly in relation to professional education for business.