PDF Download Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do
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Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do
PDF Download Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do
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- Binding: Hardcover
Most helpful customer reviews
70 of 71 people found the following review helpful.
Statistical Thinking Through Practical Stories
By Keith E. Webb
This book shows how statistical thinking works and how it's benefiting our lives. It's an easy-read book without a lot of jargon or, surprisingly, numbers. I found the book to be engaging - through the use of stories - and helpful in understanding something that otherwise could be quite dull.
"Statistical thinking is distinct from everyday thinking. It is a skill that is learned. ... many applied scientists routinely use statistical thinking on the job," the author says. Statistical thinking is also often counter-intuitive. And this was my biggest take-away from this interesting book.
Using the premise that we can learn statistical thinking and that we can apply it in everyday situations, Fung provides 10 stories to teach 5 big principles of statistical thinking:
1. Variability over Averages: Statistical average isn't the key, deviation from the average is.
2. Correlation over Cause and Effect: Cause and effect might provide rational explanation, but unexplained correlation is also useful and quicker to find.
3. Group differences over Group averages: Differences within groups are hidden by averaging groups together.
4. Errors are both positive and negative: Minimizing mistakes creates mistakes of a different kind.
5. The Impossible really is Impossible: Don't believe what is too rare to be true.
The stories are applications of these principles in things we're all interested in. Like, the shortest waiting time at Disneyland, finding the source of a deadly E. coli outbreak, financial credit scores, highway traffic meters, steroid testing in Major League Baseball, SAT test writers, lie-detector tests, uncovering a lottery scam, and the safety record of airlines.
If you liked Gladwell's The Tipping Point: How Little Things Can Make a Big Difference, you'll most likely appreciate this book too.
0 of 0 people found the following review helpful.
Four Stars
By FredNachman, Thunderbird Cylinder, Inc.
Very relevant for interpreting data and what it really means.
14 of 15 people found the following review helpful.
With Depth, And Figures To Support
By Wilfrid K. F. Wong
It is hard not to make the comparison between "Numbers Rule Your World" and "Freakonomics". Even the book has made a reference once. Ten real life case studies are used, paired up in five chapters, to illustrate how different aspects of statistics affect our lives. Blogger statistician Kaiser Fung has made the topic surprisingly accessible, narrated in an engaging manner. Each chapter, the author picks two contrasting statistically related topics, juxtaposes them by taking turn to have the story told, and arrives at a conclusion. The narration is honest, impartially inquired from different angles. One of the author's objectives - besides convincing us that like it or not, numbers play a major role in our world today - I believe, is to expand our mind and horizon when interpreting certain situations as numbers are presented. And to appreciate what goes on behind the scene in your everyday life.
To impart the various aspects of statistical thinking upon his readers, the author uses the case studies of highway engineers versus Disney `Imagineers', epidemiologists versus credit modelers, insurers versus test developer (education), anti-doping agencies (sport) versus polygraph (lie detector), and the chances of jet crashes versus jackpots. Each case study - unlike Freakonomics - is backed up sufficiently by figures and facts. At times, I have to slow down my reading and think through the numbers, which I do greatly appreciate.
In practical term, how would reading "Numbers Rule Your World" help your work and life? For one, when you take in the news around you, you may wish to see things in a different perspective. Should you take in the reported figures on the papers as they are? Why are things or processes made that way? Some see an imminent risk, others do not. Should you follow the crowd? At the end of the book, the author has made a bold statement that if you know how to use numbers in making everyday decisions, you rule the world. While I am unsure if most of us has the ability and even access to a reliable data-set in using numbers in making decisions, this book does change the way how I see this world operates when it comes down to numbers.
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