The determination of the past and the future of a physical system are complementary aims of measurements. An optimal determination of the past of a system can be achieved by an informationally complete set of physical quantities. Such a set is always strongly noncommutative. An optimal determination of the future of a physical system can be obtained by a Boolean complete set of quantities. The two aims can be reconciled to a reasonable degree with using unsharp measurements.

The possibilities of a realistic interpretation of quantum mechanics are investigated by means of a statistical analysis of experiments performed on the simplest type of quantum systems carrying spin or helicity. To this end, fundamental experiments, some new, for measuring polarization are reviewed and (re)analyzed. Theunsharp reality of spin is essential in the interpretation of some of these experiments and represents a natural motivation for recent generalizations of quantum mechanics to a theory incorporating effect-valued measures as unsharp observables and generalized (...) systems of imprimitivity. (shrink)