Probability Quotes
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It doesn't matter what your probability of failure is. If there's a 90% chance of failure, there's a 10% chance of changing the world.
Vinod Khosla
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Should the States reject this excellent Constitution, the probability is, an opportunity will never again offer to cancel another in peacethe next will be drawn in blood.
George Washington
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The grand assertion is that you must see the world through probability and that probability is the only guide you need.
Dennis Lindley
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Fame, we may understand, is no sure test of merit, but only a probability of such: it is an accident, not a property, of a man; like light, it can give little or nothing, but at most may show what is given.
Thomas Carlyle
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If that's true and the rate stays like that for another 40 years, there's a good probability that somebody who is active in the credit economy for that period of time might be a victim. But that's not a given.
Keith Anderson
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It is dangerous to attach probability zero to anything other than a logical impossibility.
Dennis Lindley
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The source of Pyrrhonism comes from failing to distinguish between a demonstration, a proof and a probability. A demonstration supposes that the contradictory idea is impossible; a proof of fact is where all the reasons lead to belief, without there being any pretext for doubt; a probability is where the reasons for belief are stronger than those for doubting.
Andrew Michael Ramsay
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The stone that Dr. Johnson once kicked to demonstrate the reality of matter has become dissipated in a diffuse distribution of mathematical probabilities. The ladder that Descartes, Galileo, Newton, and Leibniz erected in order to scale the heavens rests upon a continually shifting, unstable foundation.
Morris Kline
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Anything is possible, but not always probable. Innovators increase the probability of the impossible.
Braden Kelley
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Whatever way uncertainty is approached, probability is the only sound way to think about it.
Dennis Lindley
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A realistic definition of risk recognizes the potential loss of capital through inflation and taxes, and would include at least the following two factors: The probability that the investment you chose will preserve your capital over the time you intend to invest your funds. The probability the investments you select will outperform alternative investments for this period.
David Dreman
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Almost all thinking people agree that you should not have probability 1 (or 0) for any event, other than one demonstrable by logic, like 2 x 2 = 4.
Dennis Lindley
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It is prima facie highly implausible that life as we know it is the result of a sequence of physical accidents together with the mechanism of natural selection. We are supposed to abandon this naïve response, not in favor of a fully worked out physical/chemical explanation but in favor of an alternative that is really a schema for explanation, supported by some examples. What is lacking, to my knowledge, is a credible argument that the story has a nonnegligible probability of being true.
Thomas Nagel
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One of the most basic and pervasive social processes is the sorting and labeling of things, activities, and people... Sorting and labeling processes involve a trade-off of costs and benefits. In general, the more finely the sorting is done, the greater the benefits - and the costs... Sorting and labeling, whether of people or of things, is a sorting and labeling of probabilities rather than of certainties.
Thomas Sowell
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The probability of life originating from accident is comparable to the probability of the Unabridged Dictionary resulting from an explosion in a printing factory.
Edwin Conklin
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Contrary to the popular notion that only creationism relies on the supernatural, evolutionism must as well, since the probabilities of random formation of life are so tiny as to require a 'miracle' for spontaneous generation tantamount to a theological argument.
Chandra Wickramasinghe