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Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do
book

Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do

by Kaiser Fung
February 2010
Beginner
224 pages
5h 17m
English
McGraw-Hill
Content preview from Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do

2Bagged Spinach / Bad Score

The Virtue of Being Wrong

You can tell a little thing from a big thing. What’s very hard to do is to tell a little thing from nothing at all.

—MICHAEL THUN, EPIDEMIOLOGIST

Does God only send hail to damage the roofs of people who are bad credit risks?

—STEVEN WOLENS, FORMER TEXAS STATE REPRESENTATIVE

There is a particular breed of statisticians called modelers. Think of modelers as reconnoiterers sent into foreign lands full of danger; they take snapshots of random places and then make general—critics might say wild—statements about the world at large. They play a high-stakes game, ever wary of the tyranny of the unknown, ever worried about the consequence of miscalculation. Their special talent is the educated guess ...

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Publisher Resources

ISBN: 9780071626538