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Average rating: 5/5

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

by Kaiser Fung

McGraw-Hill Companies,Inc. | January 25, 2010 | Hardcover

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 recommend it to anyone looking to understand and appreciate the role of statistics and data analysis in solving problems and in creating a better world."
-Michael Sherman, Texas A&M University, American Statistician

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    There are many books on the popular market today that contain a wealth of information on various uses of statistical analyses: how they can be used to mislead and misinform us, how they can help us make wise decisions, how they can help us in understanding the world in which we live, etc. This book's focus is mainly, but not exclusively, on how a rigorous and blind application of statistical methods can have serious repercussions on innocent people - repercussions that may not at first seem obvious. The author presents ten issues in which statistical methods have been applied; he has combined them into five pairs where members of a given pair share similar characteristics. Some of the issues presented are: traffic flow, epidemiology, property insurance, lie detection, etc. The book contains no formulas - only a few charts and diagrams.

    The writing style is clear, friendly, authoritative and accessible, although some of the discussions get more complex as topics are examined more in-depth. This book should appeal to those who are interested in some of the applications of statistics and some of the possible consequences.

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