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Probability Quotes

Probability Definition  
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A property in the 100-year floodplain has a 96 percent chance of being flooded in the next hundred years without global warming. The fact that several years go by without a flood does not change that probability.
Earl Blumenauer

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

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

Fourth Law of Thermodynamics: If the probability of success is not almost one, then it is damn near zero.
David R. Ellis

Free yourself from the rigid conduct of tradition and open yourself to the new forms of probability.
Hans Bender

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

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

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

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

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

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

Information: the negative reciprocal value of probability.
Claude Shannon

It is almost possible to predict one or two days in advance, within a rather broad range of probability, what the weather is going to be; it is even thought that it will not be impossible to publish daily forecasts, which would be very useful to soci.
Antoine Lavoisier

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

Life is a school of probability.
Walter Bagehot

Medicine is a science of uncertainty and an art of probability.
William Osler

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

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

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

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