Statistical Quotes. QuotesGram

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.

Both poker and investing are games of incomplete information. You have a certain set of facts and you are looking for situations where you have an edge, whether the edge is psychological or statistical.

Not only is the statistical madness an assault on individuality, it's also one on temporality too. Statistics - even when accurate - are only an image of the past that can then be Photoshopped before being pasted on to the future.

None of us are claiming that the statistical analysts understand the game of football as well as the football coaches do, or that our analysis should take precedence over the informed opinions of experts. I'm not saying that at all.

Most of us cluster somewhere in the middle of most statistical distributions. But there are lots of bell curves, and pretty much everyone is on a tail of at least one of them. We may collect strange memorabilia or read esoteric books, hold unusual religious beliefs or wear odd-sized shoes, suffer rare diseases or enjoy obscure movies.

When you get into statistical analysis, you don't really expect to achieve fame. Or to become an Internet meme. Or be parodied by 'The Onion' - or be the subject of a cartoon in 'The New Yorker.' I guess I'm kind of an outlier there.

There's a statistical theory that if you gave a million monkeys typewriters and set them to work, they'd eventually come up with the complete works of Shakespeare. Thanks to the Internet, we now know this isn't true.

By relying on the statistical information rather than a gut feeling, you allow the data to lead you to be in the right place at the right time. To remain as emotionally free from the hurly burley of the here and now is one of the only ways to succeed.

Fairness is not about statistical equality.

It's an important point to realize that the genetic programming of our lives is not fully deterministic. It is statistical - it is in any animal merely statistical - not deterministic.

Statistical Quotes

Login with