Probability Quotes
-
Further, the same Arguments which explode the Notion of Luck, may, on the other side, be useful in some Cases to establish a due comparison between Chance and Design: We may imagine Chance and Design to be, as it were, in Competition with each other, for the production of some sorts of Events, and many calculate what Probability there is, that those Events should be rather be owing to the one than to the other.
Abraham de Moivre
-
You aren't your past, you are probability of your future.
Oprah Winfrey
-
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
-
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
-
The grand assertion is that you must see the world through probability and that probability is the only guide you need.
Dennis Lindley
-
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
-
Religious faith depends on a host of social, psychological and emotional factors that have little or nothing to do with probabilities, evidence and logic.
Michael Shermer
-
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
-
It is dangerous to attach probability zero to anything other than a logical impossibility.
Dennis Lindley
-
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
-
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
-
Anything is possible, but not always probable. Innovators increase the probability of the impossible.
Braden Kelley
-
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
-
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
