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Paperback Chance Rules: An Informal Guide to Probability, Risk and Statistics Book

ISBN: 0387781293

ISBN13: 9780387781297

Chance Rules: An Informal Guide to Probability, Risk and Statistics

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Format: Paperback

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Book Overview

Chance continues to govern our lives in the 21st Century. From the genes we inherit and the environment into which we are born, to the lottery ticket we buy at the local store, much of life is a gamble. In business, education, travel, health, and marriage, we take chances in the hope of obtaining something better. Chance colors our lives with uncertainty, and so it is important to examine it and try to understand about how it operates in a number of different circumstances. Such understanding becomes simpler if we take some time to learn a little about probability, since probability is the natural language of uncertainty.

This second edition of Chance Rules again recounts the story of chance through history and the various ways it impacts on our lives. Here you can read about the earliest gamblers who thought that the fall of the dice was controlled by the gods, as well as the modern geneticist and quantum theory researcher trying to integrate aspects of probability into their chosen speciality. Example included in the first addition such as the infamous Monty Hall problem, tossing coins, coincidences, horse racing, birthdays and babies remain, often with an expanded discussion, in this edition. Additional material in the second edition includes, a probabilistic explanation of why things were better when you were younger, consideration of whether you can use probability to prove the existence of God, how long you may have to wait to win the lottery, some court room dramas, predicting the future, and how evolution scores over creationism. Chance Rules lets you learn about probability without complex mathematics.

Customer Reviews

1 rating

Well written traditional account of probability

In the better half of the dozen or so popular science style books on probability that I have read and reviewed. The selection of topics (listed below) is very traditional and the author has chosen to cover many topics briefly rather than a few topics in depth; in other regards it has a middle of the road style. That is, in the middle of spectra (a) from gee-whiz enthusiasm to dry analysis; (b) from absolutely no mathematics to too much mathematics. What it says is almost everywhere clear and correct, though the book as a whole lacks individualistic style or focus. Indeed the only unique feature I noticed is that it mentions neither the normal curve nor power law distributions -- other books tend to overemphasize at least one of those topics. Like other books by academics (the most similar previous one being Struck by Lightning: The Curious World of Probabilities) it implicitly focuses on topics related to traditional College freshman statistics courses rather than those arising from fashionable research (random models of social networks or the Internet, genetic algorithms, fractals ...) which tend to be emphasized in books written by professional science writers. List of topics: brief history, rules for combining probabilities, combinations and permutations, the gambler's fallacy, waiting times for patterns in coin tossing, games (lottery, roulette, poker, blackjack) and sports (horse racing, football pools), Bayes rule illustrated by positive/negative medical diagnostics and by the O.J. Simpson and Sally Clark cases, paradoxes (2 boys, Monte Hall, surprise exam, St Petersburg), secretary problem, birthday coincidences and anecdotes about real-world coincidences, risk perception and influence of positive/negative presentation of risk/reward, randomization in clinical trials, and evidence regarding acupuncture and homeopathy, modeling illustrated by improving sports records and stock markets, and brief final mentions of chaos, quantum theory and random mutations as the driving force behind evolution.
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