Thursday, March 19, 2009

The High Probability of Very Improbable Events

"'Everything we see has about a zero probability,' [Peter H.] Westfall said." Carl Bialik, "The Crash Calculations," THE NUMBERS GUY (March 3, 2008).

"'With a large enough sample, any outrageous thing is apt to happen.'" Gina Kolata, "1-in-a-Trillion Coincidence, You Say? Not Really, Experts Find," NYTimes (Feb. 27, 1990) (quoting statisticians Persi Diaconis and Frederick Mosteller).

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