Numbers Rule Your World: The Hidden Influence of Probability and Statistics on Everything You Do / Edition 1

Numbers Rule Your World: The Hidden Influence of Probability and Statistics on Everything You Do / Edition 1

by Kaiser Fung
ISBN-10:
0071626530
ISBN-13:
9780071626538
Pub. Date:
01/25/2010
Publisher:
McGraw Hill LLC
ISBN-10:
0071626530
ISBN-13:
9780071626538
Pub. Date:
01/25/2010
Publisher:
McGraw Hill LLC
Numbers Rule Your World: The Hidden Influence of Probability and Statistics on Everything You Do / Edition 1

Numbers Rule Your World: The Hidden Influence of Probability and Statistics on Everything You Do / Edition 1

by Kaiser Fung
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Overview

WHAT ARE THE ODDS YOU'LL WIN THE LOTTERY?

How long will your kids wait in line at Disney World?

Who decides that “standardized tests” are fair?

Why do highway engineers build slow-moving ramps?

What does it mean, statistically, to be an “Average Joe”?

NUMBERS RULE YOUR WORLD
In the popular tradition of eye-opening bestsellers like Freakonomics, The Tipping Point, and Super Crunchers, this fascinating book from renowned statistician and blogger Kaiser Fung takes you inside the hidden world of facts and figures that affect you every day, in every way.

These are the statistics that rule your life, your job, your commute, your vacation, your food, your health, your money, and your success. This is how engineers calculate your quality of living, how corporations determine your needs, and how politicians estimate your opinions. These are the numbers you never think about-even though they play a crucial role in every single aspect of your life.

What you learn may surprise you, amuse you, or even enrage you. But there's one thing you won't be able to deny: Numbers Rule Your World…

"An easy read with a big benefit."
—Fareed Zakaria, CNN

"For those who have anxiety about how organization data-mining is impacting their world, Kaiser Fung pulls back the curtain to reveal the good and the bad of predictive analytics."
—Ian Ayres,Yale professor and author of Super Crunchers: Why Thinking By Numbers is the New Way to Be Smart

"A book that engages us with stories that a journalist would write, the compelling stories behind the stories as illuminated by the numbers, and the dynamics that the numbers reveal."
—John Sall, Executive Vice President, SAS Institute

"Little did I suspect, when I picked up Kaiser Fung's book, that I would become so entranced by it - an illuminating and accessible exploration of the power of statistical analysis for those of us who have no prior training in a field that he explores so ably."
—Peter Clarke, author of Keynes: The Rise, Fall, and Return of the 20th Century's Most Influential Economist

"A tremendous book. . . . If you want to understand how to use statistics, how to think with numbers and yet to do this without getting lost in equations, if you've been looking for the book to unlock the door to logical thinking about problems, well, you will be pleased to know that you are holding that book in your hands."
—Daniel Finkelstein, Executive Editor, The Times of London

"I thoroughly enjoyed this accessible book and enthusiastically recommendit to anyone looking to understand and appreciate the role of statistics and dataanalysis in solving problems and in creating a better world."
—Michael Sherman, Texas A&M University, American Statistician


Product Details

ISBN-13: 9780071626538
Publisher: McGraw Hill LLC
Publication date: 01/25/2010
Edition description: Net
Pages: 224
Product dimensions: 8.72(w) x 5.78(h) x 0.79(d)

About the Author

Kaiser Fung is a statistician with more than a decade of experience in applying statistical methods to unlocking the relationship between advertising and customer behaviors. His blog, "Junk Charts," pioneered the genre of critically examining data and graphics in the mass media. Since 2005, "Junk Charts" has received rave reviews from Science magazine, the Guardian, Yahoo!, and Stanford University Libraries. He is an adjunct professor at New York University where he teaches practical statistics to professionals, and holds statistics, business, and engineering degrees from Cambridge, Harvard, and Princeton Universities. Fung is also a fellow of the Royal Statistics Society.

Table of Contents

Acknowledgments vii

Introduction ix

1 Fast Passes Slow Merges 1

The Discontent of Being Averaged

2 Bagged Spinach Bad Score 25

The Virtue of Being Wrong

3 Item Bank Risk Pool 63

The Dilemma of Being Together

4 Timid Testers Magic Lassos 95

The Sway of Being Asymmetric

5 Jet Crashes Jackpots 137

The Power of Being Impossible

Conclusion 155

Notes 183

Index 205

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