Average Quote by Warren Weaver
“One of the most striking and fundamental things about probability theory is that it leads to an understanding of the otherwise strange fact that events which are individually capricious and unpredictable can, when treated en masse, lead to very stable average performances.”
About This Quote
Source Essay: "The Role of Probability in Science" (1948)
Probability shows that many unpredictable events, when considered together, produce stable averages, revealing order in randomness.
In simple terms: Many random events average out to stable results.
Use large data sets to find reliable patterns.
Themes
Mood
Type
When to use this quote
- financial markets
- weather forecasting
- quality control
- public health
- research analysis
Key Concepts
Questions to Reflect On
- How many observations are needed for stability?
- When do averages mislead?
Large samples can be costly or impractical; outliers may still impact outcomes.