Rating: Not rated
Tags: Mathematics, Probability & Statistics, Bayesian Analysis, Applied, General, Lang:en
Publisher: Penguin UK
Added: March 11, 2018
Modified: November 5, 2021
Summary
The International Bestseller by 'The Galileo of number
crunchers' (Independent)Every time we choose a route to work,
decide whether to go on a second date, or set aside money for
a rainy day, we are making a prediction about the future. Yet
from the financial crisis to ecological disasters, we
routinely fail to foresee hugely significant events, often at
great cost to society. The rise of 'big data' has the
potential to help us predict the future, yet much of it is
misleading, useless or distracting.In The Signal and the
Noise, the New York Times political forecaster Nate Silver,
who accurately predicted the results of every state in the
2012 US election, reveals how we can all develop better
foresight in an uncertain world. From the stock market to the
poker table, from earthquakes to the economy, he takes us on
an enthralling insider's tour of the high-stakes world of
forecasting, showing how we can all learn to detect the true
signals amid a noise of data. 'Remarkable and rewarding'
Matthew D'Ancona, Sunday Telegraph'A lucid explanation of how
to think probabilistically' Guardian