What the Luck?: The Surprising Role of Chance in Our Everyday Lives
| Author | : | |
| Rating | : | 4.95 (720 Votes) |
| Asin | : | B01LDR4FYU |
| Format Type | : | |
| Number of Pages | : | 479 Pages |
| Publish Date | : | 2015-07-01 |
| Language | : | English |
DESCRIPTION:
In fact, there's one reason for each of these empirical facts: Statistics. It can lead us to see illness when we are not sick and to see cures when treatments are worthless. In What the Luck?, statistician and author Gary Smith sets himself a similar goal, and explains - in clear, understandable, and witty prose - how a statistical understanding of luck can change the way we see just about every aspect of our lives and can help us learn to rely less on random chance, and more on truth.. Specifically, a statical concept called regression to the mean. Freakonomics showed how economic calculations can explain seemingly counterintuitive decision-making. Thinking, Fast and Slow helped listeners identify a host of small cognitive errors that can lead to miscalculations and irrational thought. The newest book by the acclaimed author of Standard Deviations takes on luck, and all the mischief the idea of luck can cause in our lives. Perfectly natural random variation can lead us to attach
Hande Z said All dice. Gary Smith explains why pessimists and optimists are all wrong. If we have a run of bad luck it does not mean that a good turn is about to happen; conversely, if we have a run of bad luck, it does not mean that it is going to continue forever. So what’s the point of this book?The author seeks to stop us from superstitious beliefs, the sort that gamblers and sportsmen are very susceptible to. Tall parents tend to have tall children and short parents tend to have short children – . well done entertaining, well-written, covers very important topic.. It should be random events, not luck Tantor Not a fan after reading this. Rather than attributing random events to randomness the author attributed it to Luck. I suppose the title should have given it away and maybe it was the authors 'luck' that made me think this would be better than it was.