Leonard Mlodinow - Numbers Quotes

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The law of small numbers is not really a law. It is a sarcastic name describing the misguided attempt to apply the law of large numbers when the numbers aren't large.

Leonard Mlodinow
The fact that human intuition is ill suited to situations involving uncertainty was known as early as the 1930's, when researchers noted that people could neither make up a sequence of numbers that passed mathematical tests for randomness nor recognize reliably whether a given string was randomly generated.

Leonard Mlodinow
Another lottery mystery that raised many eyebrows occurred in Germany on June 21, 1995. The freak event happened in a lottery called Lotto 6/49, which means that the winning six numbers are drawn from 1 to 49. On the day in question the winning numbers were 15-25-27-30-42-48. The very same sequence had been drawn previously, on December 20, 1986. It was the first time in 3,016 drawings that a winning sequence had been repeated. What were the chances of that? Not as bad as you'd think. When you do the math, the chance of a repeat at some point over the years comes out to around 28 percent.

Leonard Mlodinow
What I have learned, above all, is to keep marching forward because the best news is that since chance does play a role, one important factor in success is under our control: the number of at bats, the number of chances taken, the number of opportunities seized.

Leonard Mlodinow