Quotes About Probability

a greater probability of one thing happening over another. In a sense, technical analysis allows you

1. Anything can happen. 2. You don't need to know what is going to happen next in order to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in the market is unique.

The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.

Actually, science has determined that a flipped coin is not strictly a fifty-fifty proposition," said Ajay. "Surprisingly, the coin will return to whichever side you're holding faceup in your hand before it is flipped, exactly fifty-one percent of the time.

Odds don't apply to statistically unique occurrences.

If you swim in the ocean every day for 100 years, you are more likely to be struck by lightning than swallowed by a shark.

The margin of error in astrology is plus or minus one hundred percent.

I was told I had a two per cent chance of getting pregnant, so I say she's a two per cent baby.

I bought a million lottery tickets. I won a dollar.

The dice are stacked against them

Postulate 1. All chance systems of causes are not alike in the sense that they enable us to predict the future in terms of the past.

It is utterly implausible that a mathematical formula should make the future known to us, and those who think it can would once have believed in witchcraft.

Predition is risky, especially of the future.

I've done the calculation and your chances of winning the lottery are identical whether you play or not.

The 50-50-90 rule: Anytime you have a 50-50 chance of getting something right, there's a 90% probability you'll get it wrong.

I am convinced that He (God) does not play dice.

I ask only one indulgence. Please remember that like any scientist, I hope to present probable and reasonable solutions, not certainties.

It is a sad fact that 50 percent of marriages in this country end in divorce. But hey, the other half end in death. You could be one of the lucky ones!

o futuro era um leque de possibilidades, não apenas uma trilha única e inalterável. Contudo, das trilhas, umas eram bem mais prováveis do que outras, e algumas eram tão prováveis que pareciam quase impossíveis de se evitar. Nesses casos, a palavra usada era destino.

The many-worlds theory basically maintains that the reason quantum mechanics seems so strange is because we have access to only one of an infinite number of worlds. From our narrow perspective, the output of certain measurements (like that of the double-slit experiment) seems random and probabilistic, but that is an artifact of the fact that, literally, we don't have the full picture.

Si tienes miedo de hacerte daño, aumentas las probabilidades de que eso mismo suceda.

Therefore, mathematically...there was no chance at all that [she] could have existed. A zero in ten-to-the-power-of-forever chance. And yet there she was, in front of me, and I was quite taken aback by it all; I really was. Suddenly it made me realise why religion was such a big thing around here. Because, yes, sure, God could not exist. But then neither could humans. So, if they believed in themselves - the logic must go - why not believe in something that was only a fraction more unlikely?

We all come from randomness. We exist out of uncertainty. Out of near impossibility. And yet we exist.

At the beginning of a game, there are no variations. There is only one way to set up a board. There are nine million variations after the first six moves. And after eight moves there are two hundred and eighty-eight billion different positions. And those possibilities keep growing. There are more possible ways to play a game of chess than the amount of atoms in the observable universe.