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Read through the most famous quotes by topic #statistic
Whenever I read statistical reports, I try to imagine my unfortunate contemporary, the Average Person, who, according to these reports, has 0.66 children, 0.032 cars, and 0.046 TVs. ↗
An unsophisticated forecaster uses statistics as a drunken man uses lamp-posts - for support rather than for illumination. ↗
If your experiment needs statistics, you ought to have done a better experiment. ↗
#done #experiment #needs #ought #statistics
Statistically speaking, there is a 65 percent chance that the love of your life is having an affair. Be very suspicious. ↗
J. E. Littlewood, a mathematician at Cambridge University, wrote about the law of truly large numbers in his 1986 book, "Littlewood's Miscellany." He said the average person is alert for about eight hours every day, and something happens to the average person about once a second. At this rate, you will experience 1 million events every thirty-five days. This means when you say the chances of something happening are one in a million, it also means about once a month. The monthly miracle is called Littlewood's Law. ↗
Another mistaken notion connected with the law of large numbers is the idea that an event is more or less likely to occur because it has or has not happened recently. The idea that the odds of an event with a fixed probability increase or decrease depending on recent occurrences of the event is called the gambler's fallacy. For example, if Kerrich landed, say, 44 heads in the first 100 tosses, the coin would not develop a bias towards the tails in order to catch up! That's what is at the root of such ideas as "her luck has run out" and "He is due." That does not happen. For what it's worth, a good streak doesn't jinx you, and a bad one, unfortunately , does not mean better luck is in store. ↗
#luck #math #probability #statistics #math
