Probability Quotes
One important measurement issue concerns the fat tails problem that I mentioned earlier. VAR is concerned with extreme outcomes. If the tails of the probability distributions we are using are too thin, our VAR measures are likely to be too low.
John Hull
Let me state what the official IPCC prediction is: Sea levels could go up as much as three-quarters of a meter in this century, but there is a reasonable probability it could be much higher than that.
Steven Chu
The probability that we may fail in the struggle ought not to deter us from the support of a cause we believe to be just.
Abraham Lincoln
The fact that we don't keep repeating tests in the same arena is not because the probability of the hypothesis showing its falsity in other arenas goes up after it has passed tests in one arena.
Robert Nozick
In the U.S.A. or Europe there is no realistic way to estimate the type, magnitude, or probability of the risk, nor any way to narrow down the potentially affected regions.
Jurgen Habermas
We didn't push the Russians to intervene, but we knowingly increased the probability that they would.
Zbigniew Brzezinski
If we look at the way the universe behaves, quantum mechanics gives us fundamental, unavoidable indeterminacy, so that alternative histories of the universe can be assigned probability.
Murray Gell-Mann
From principles is derived probability, but truth or certainty is obtained only from facts.
Tom Stoppard
I don't believe in providence and fate, as a technologist I am used to reckoning with the formulae of probability.
Max Frisch
The uniformity of the earth's life, more astonishing than its diversity, is accountable by the high probability that we derived, originally, from some single cell, fertilized in a bolt of lightning as the earth cooled.
Lewis Thomas
Only in Britain could it be thought a defect to be too clever by half. The probability is that too many people are too stupid by three-quarters.
John Major
They were being driven to a prison, through no fault of their own, in all probability for life. In comparison, how much easier it would be to walk to the gallows than to this tomb of living horrors!
Nellie Bly
The new always happens against the overwhelming odds of statistical laws and their probability, which for all practical, everyday purposes amounts to certainty; the new therefore always appears in the guise of a miracle.
Hannah Arendt
It's not about the pace, it's about the direction we've set. The pace is of course a function of many factors, including the magnitude of the supply shock. But what's probably more important is the probability of the supply shock translating into sustainable embedded inflation.
Marek Belka
Probability is expectation founded upon partial knowledge. A perfect acquaintance with all the circumstances affecting the occurrence of an event would change expectation into certainty, and leave nether room nor demand for a theory of probabilities.
George Boole
The more connected that individual is to an issue they care about, the higher probability there is they will stay involved over a longer period of time.
Chris Hughes
In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems.
Timothy Geithner
If scientific reasoning were limited to the logical processes of arithmetic, we should not get very far in our understanding of the physical world. One might as well attempt to grasp the game of poker entirely by the use of the mathematics of probability.
Vannevar Bush
What is being talked about now is the probability of the Sharon government launching an attack against Lebanon to eliminate the resistance of Hezbollah by using the American war against Iraq. But, of course, in this case, we will certainly fight with all our strength.
Hassan Nasrallah
We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
Peter Drucker
When you turn from one room to the next, when your animal senses no longer perceive the sounds of the dishwasher, the ticking clock, the smell of a chicken roasting - the kitchen and all its seemingly discrete bits dissolve into nothingness - or into waves of probability.
Robert Lanza