In the 1980s, there were occasions when it made sense to say, 'it is too difficult to maximize the likelihood function, and besides if we do, it will blow our model out of the water.'
Sentiment: NEGATIVE
Probable impossibilities are to be preferred to improbable possibilities.
We tend to believe that things are impossible that are very possible.
The climate-studies people who work with models always tend to overestimate their models. They come to believe models are real and forget they are only models.
Nothing is impossible. Some things are just less likely than others.
There was a danger that skeptics and opponents would misread those likelihood ratio tests as rejections of an entire class of models, which of course they were not.
The essence of life is statistical improbability on a colossal scale.
Farce treats the improbable as probable, the impossible as possible.
An optimist may see a light where there is none, but why must the pessimist always run to blow it out?
There are very few personal problems that cannot be solved through a suitable application of high explosives.
In an environment where you've got to push innovations out the door fast and keep the cost of innovation low, the probability that you'll be successful is actually much higher.
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