#probability

Information: the negative reciprocal value of probability. ↗

— Claude Shannon

#negative #probability #reciprocal #value

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

The consequences of an act affect the probability of it's occurring again. ↗

— B. F. Skinner

#affect #again #consequences #occurring #probability

Statistics, likelihoods, and probabilities mean everything to men, nothing to God. ↗

— Richelle E. Goodrich

#almighty #god #likelihood #might #omnipotence

Medicine is a science of uncertainty and an art of probability. ↗

— William Osler

#medicine #probability #science #uncertainty

The scientific imagination always restrains itself within the limits of probability. ↗

— Thomas Huxley

#imagination #itself #limits #probability #restrains

Not one of your pertinent ancestors was squashed, devoured, drowned, starved, stranded, stuck fast, untimely wounded, or otherwise deflected from its life's quest of delivering a tiny charge of genetic material to the right partner at the right moment in order to perpetuate the only possible sequence of hereditary combinations that could result -- eventually, astoundingly, and all too briefly -- in you. ↗

— Bill Bryson

#life #life

But to us, probability is the very guide of life. ↗

— Joseph Butler

#life #probability #us #very

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