Sentence examples for probability events from inspiring English sources

Although anticipation of probable danger is adaptive, it is unclear why excessive worry about low probability events persists when it causes frequent mental distress, with so little apparent benefit.

The first is that there was an increase in hidden risk and exposure to low probability events.

It's only under those conditions that I envisage it to be an insurance premium, in effect, because we use insurance for low probability events and, in that regard, it would act positively.

The second point was that there were asymmetric incentives, allowing traders to bet against low probability events with other people's money; that's why there are lots of rich traders and poor investors.

Second, they normally assume that the data we see come from a regular process of random shocks, with strong incentives for the modeler to assume that the shocks are more or less normal, not involving large, low probability events – which leaves you unready for the Big One when it happens.

Mr Taleb's black swan thesis is that the payoff is not proportional, that the payoff of low probability events far exceeds its market valuation because of a general belief that the occurrence of a rare event is impossibly low (read "zero").

When evaluating probability, event tree technique is employed to analyze probable fire scenarios.

But even a low probability event may represent an unacceptable risk.

That is a low probability event and for it to happen twice is an even lower probability".

Those who understand Arctic seabed geology and the oceanography of water column warming from ice retreat do not say that this is a low probability event.

for a small probability event.