William Feller Quotes

31 Sourced Quotes

The classical theory of probability was devoted mainly to a study of the gamble's gain, which is again a random variable; in fact, every random variable can be interpreted as the gain of a real or imaginary gambler in a suitable game.

William Feller
All possible "definitions" of probability fall short of the actual practice.

William Feller
The notion of conditional probability is a basic tool of probability theory, and it is unfortunate that its great simplicity is somewhat obscured by a singularly clumsy terminology.

William Feller
It should be noted that this duration is considerably longer than we naively expect. If two players with 500 dollars each toss a coin until one is ruined, the average duration of the game is 250,000 trials. If a gambler has only one dollar and his adversary has 1000, the average duration is 1000 trials.

William Feller
This means that if in a city seven accidents occur each week, then (assuming that all possible distributions are equally likely) practically all weeks will contain days with two or more accidents, and on the average only one week out of 165 will show a uniform distribution of one accident per day.

William Feller
Physical irreversibility manifests itself in the fact that, whenever the system is in a state far removed from equilibrium, it is much more likely to move toward equilibrium, than in the opposite direction.

William Feller
Much harm was done by the misleading suggestive power of this name. It must be understood that a fair game may be distinctly unfavorable to the player.

William Feller
When a coin is tossed, it does not necessarily fall heads or tails; it can roll away or stand on its edge.

William Feller
Warning. It is usual to read into the law of large numbers things which it definitely does not imply. If Peter and Paul toss a perfect coin 10,000 times, it is customary to expect that Peter will be in the lead roughly half the time. This is not true. In a large number of different coin-tossing games it is reasonable to expect that any fixed moment heads will be in the lead in roughly half of all cases. But it is quiet likely that the player who ends at the winning side has been in the lead for practically the whole duration of the game. Thus, contrary to widespread belief, the time average for any individual game has nothing to do with the ensemble average at any given moment.

William Feller
The philosophy of the foundations of probability must be divorced from mathematics and statistics, exactly as the discussion of our intuitive space concept is now divorced from geometry.

William Feller
In stochastic processes the future is not uniquely determined, but we have at least probability relations enabling us to make predictions.

William Feller
To every event defined for the original random walk there corresponds an event of equal probability in the dual random walk, and in this way almost every probability relation has its dual.

William Feller
Only yesterday the practical things of today were decried as impractical, and the theories which will be practical tomorrow will always be branded as valueless games by the practical man of today.

William Feller
The theory of independent experiments is the analytically simplest and most advanced part of probability theory.

William Feller
It is a common fallacy to believe that the law of large numbers acts as a force endowed with memory seeking to return to the original state, and many wrong conclusions have been drawn from this assumption.

William Feller
Three repairman per twenty machines are much more economical than one repairman per six machines.

William Feller
The manner in which mathematical theories are applied does not depend on preconceived ideas; it is a purposeful technique depending on, and changing with, experience.

William Feller
It is not necessary to think of gambling places; the statistician who applies statistical tests is engaged in a dignified sort of gambling, and in his case the distribution of the random variables changes from occasion to occasion.

William Feller
It is seen that continued shuffling may reasonably be expected to produce perfect "randomness" and to eliminate all traces of the original order. It should be noted, however, that the number of operations required for this purpose is extremely large.

William Feller
This faulty intuition as well as many modern applications of probability theory are under the strong influence of traditional misconceptions concerning the meaning of the law of large numbers and of a popular mystique concerning a so-called law of averages.

William Feller
The results concerning fluctuations in coin tossing show the widely held beliefs about the law of large numbers are fallacious. They were so amazing and so at variance with common intuition that even sophisticated colleagues doubted that coins actually misbehave as theory predicts.

William Feller
The painful experience of many gamblers has taught us the lesson that no system of betting is successful in improving the gambler's chances. If the theory of probability is true to life, this experience must correspond to a provable statement.

William Feller
The fact that the mean recurrence time is infinite implies that the chance fluctuations in an individual prolonged coin-tossing game are far removed from the familiar pattern governed by the normal distribution.

William Feller
It has been suggested that an army of monkeys might be trained to pound typewriters at random in the hope that ultimately great works of literature would be produced. Using a coin for the same purpose may save feeding and training expenses and free the monkeys for other monkey business.

William Feller
Note the situation is different when the player is permitted to vary his stakes. In this case there exist advantageous strategies, and the game depends on the strategy.

William Feller
The bewildered novice in chess moves cautiously, recalling individual rules, whereas the experienced player absorbs a complicated situation at a glance and is unable to account rationally for his intuition. In like manner mathematical intuition grows with experience, and it is possible to develop a natural feeling for concepts such as four dimensional space.

William Feller
Infinite product spaces are the natural habitat of probability theory.

William Feller
Historically, the original purpose of the theory of probability was to describe the exceedingly narrow domain of experience connected with games of chance, and the main effort was directed to the calculation of certain probabilities.

William Feller
The man in the street, and also the philosopher K. Marbe, believe that after a run of seventeen heads tail becomes more probable. This argument has nothing to do with imperfections of physical coins; it endows nature with memory, or, in our terminology, it denies the stochastic independence of successive trials. Marbe's theory cannot be refuted by logic but is rejected because of empirical support.

William Feller
When this book was first conceived (more than 25 years ago) few mathematicians outside the Soviet Union recognized probability as a legitimate branch of mathematics.

William Feller