#probability

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

#cause #deter #fail #just #may

I am in suspense as to the probable or improbability of being called into the Army, a station I would prefer to any other that of being in arms to defend an injured and grossly insulted country. ↗

— John Sevier

#any #arms #army #being #called

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

#arena #arenas #because #fact #falsity

In trials of fact, by oral testimony, the proper inquiry is not whether is it possible that the testimony may be false, but whether there is sufficient probability that it is true. ↗

— Simon Greenleaf

#false #inquiry #may #oral #possible

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

#concerns #earlier #extreme #fat #i

Maybe we should teach schoolchildren probability theory and investment risk management. ↗

— Andrew Lo

#management #maybe #probability #risk #risk management

I don't believe in providence and fate, as a technologist I am used to reckoning with the formulae of probability. ↗

— Max Frisch

#believe #fate #formulae #i #i am

Statistically, the probability of any one of us being here is so small that the mere fact of our existence should keep us all in a state of contented dazzlement. ↗

— Lewis Thomas

#life #probability #statistically #truth #life

Based on the law of probability Everything is possible because The sheer existence of possibility Confirms the existence Of impossibility. ↗

— Dejan Stojanovic

#existence #impossibility #impossible #literature #literature-quotes

Entropy theory, on the other hand, is not concerned with the probability of succession in a series of items but with the overall distribution of kinds of items in a given arrangement. ↗

— Rudolf Arnheim

#concerned #distribution #entropy #given #hand