Quotes About Probability

Chance was just an order that you hadn't yet perceived.

The world is governed by chance. Randomness stalks us every day of our lives.

Statisticians do it with confidence, frequency and variation

The same past data can confirm a theory and its exact opposite! If you survive until tomorrow, it could mean that either a) you are more likely to be immortal or b) that you are closer to death.

You can never assume that something is going to do well.

The waves of probabilities collapse into a physical reality through observation by a conscious mind.

Do not expect to arrive at certainty in every subject which you pursue. There are a hundred things wherein we mortals. . . must be content with probability, where our best light and reasoning will reach no farther.

The lottery is a tax on people who flunked math.

Our language is funny — a fat chance and slim chance are the same thing.

But he could believe anything from now on out. A million to one ten million to one there was always the one.

All life is 6 to 5 against.

I long ago come to the conclusion that all life is 6 to 5 against.

The race is not always to the swift nor the battle to the strong, but that's the way to bet.

I long ago came to the conclusion that all life is 6 to 5 against.

I BELIEVE IN THE 50-PERCENT THEORY. Half the time things are better than normal; the other half, they are worse. I believe life is a pendulum swing.

Ace-king is a fine hand. Ace-queen is a little weaker, but still good. With ace-jack, you're already sliding rapidly down a slippery slope. With ace-ten, you've slid down the slope, fallen off the cliff, and lie in wreckage at the bottom with hands like ace-five and ace-six.

This is where Bayes' Theorem comes in and helps us have a clearer picture. By using the theorem, we are forced to look at all data and update our hypothesis with new evidence.

Now, remember what Bayes' Theorem does: it helps us update a hypothesis based on new evidence.

Bayes' Theorem does: it helps us update a hypothesis based on new evidence.

An Investigation of the Laws of Thought, On Which Are Founded the Mathematical Theories of Logic and Probability.

As historian David Hackett Fischer explains: "Valid empirical proof requires not merely the establishment of possibility, but an estimate of probability.

Clarke's first law: "When a distinguished but elderly scientist states that something is possible he is almost certainly right. When he states that something is impossible, he is very probably wrong.

Of course, the mathematician Émile Borel never said such a thing. Instead, he proposed a law of large numbers, demonstrating that given a universe of infinite size, every event with nonzero probability will eventually occur. Or put another way—with enough chances, anything that can happen will happen.

Daniel Kahneman and Amos Tversky said that the problem with making decisions is that we are often making them under conditions of uncertainty.