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

Numbers Rule Your World The Hidden Influence of Probabilities and Statistics on Everything You Do 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
  • Title: Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do
  • Author: Kaiser Fung
  • ISBN: 9780071626538
  • Page: 186
  • Format: Hardcover
  • Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do
    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 CrunWHAT 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 AM University, American Statistician
    Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do By Kaiser Fung,
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    About " Kaiser Fung "

  • Kaiser Fung

    Kaiser Fung Is a well-known author, some of his books are a fascination for readers like in the Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do book, this is one of the most wanted Kaiser Fung author readers around the world.

  • 326 Comments

  • You don t need to be a numbers person read geek to enjoy the fantasic and mind boggling things some really smart people do with them Fung manages to make the book an entertaining and speedy read while still boggling your mind with the secret statistics behind life s regular events.And importantly, this book could finally put the lottery debate to bed once and for all Meaning, yes it is silly to waste money on lotto tickets because the chances of winning or so, so slim.


  • Slightly deeper reading on the probabilities and statistics that affect you everyday Author Kaiser Fung writes how you are directly changed by numbers day by day rather than just generating another book about the theoretical probability of something happening.Chapter 1 Looks at two examples of waiting time Minnesota s road system and Disneyland s ride lines How can the time of waiting be reduced Author Fung proves that increasing road width and park size will do nothing The solution lies in redu [...]


  • A fine little discussion of the impact of statistics on our everyday lives, in the tradition of Freakonomics If I were asked to pick an alternative and cynical title for this, it might be The Foolishness of Crowds as Kaiser Fung offers a number of excellent examples of public perception being at odds with the reality revealed by statistics Give people the feeling of being in control and they tend to see everything through rose tinted glasses even though they may actually be better off surrender [...]


  • Libro muy, muy interesante en el que en cuatro grandes bloques el autor analiza los usos cotidianos de la estad stica, m s all de lo que solemos saber La estad stica se usa cuando aparece un brote epidemiol gico, cuando dise as an lisis de dopaje, o ex menes de pol grafo, cuando intentas minimizar los tiempos percibidos por los visitantes de Disneylandia o los viajeros de una red de autopistas, o cuando intentas dise ar un examen tipo test que no discrimine a los estudiantes seg n su origen El a [...]


  • I have to say that I thought this pop statistics book was much better than others I have previously read Super Crunchers and the Freakonomics series Disclaimer I have read Kaiser Fung s blog Junk Charts for a few years, so I was predisposed to think positively of his book I found this book to be less into the sensational aspects of using data to make decisions and about the challenges of doing so Also, it explored the fact that context makes a difference Each chapter was set up to have two exam [...]


  • Quoting the summary of the intent of this book, In concluding, I review the five aspects of statistical thinking 1 The discontent of being averaged Always ask about variability.2 The virtue of being wrong Pick useful over true.3 The dilemma of being together Compare like with like.4 The sway of being asymmetric Heed the give and take of two errors.5 The power of being impossible Don t believe what is too rare to be true I skimmed my understanding about how numbers work in our lives and how impac [...]


  • Such an interesting and fun read, since I m both a math numbers nerd and a psychology geek.Really liked the device of placing 2 examples side by side to articulate the concepts.Mr.Fung has taken serious issues that continue to make headlines, like doping among elite athletes or why residents continue to move to disaster prone areas, and reveals the truth behind them I would recommend this to anyone interested in reading up on these issues or finding out why we often miss the full view of most co [...]


  • Nothing too Earth shattering How stats run our world, how to think about stats in a non Lies, damn lies, and statistics mindset, and the five rules of statistical thinking accompanied by some interesting stories to emphasize points Would probably have been interesting if we hadn t already read about half of the stories in other books.


  • Great sections on PED tests in cycling and baseball and on polygraph testing Other sections were a little dry The book is about statistics though, so don t expect a smooth read Regarding baseball, because the USADA WADA and MLB are so overly paranoid of the false positive drug test, Fung author argues that they knowingly use less stringent testing standards This not only minimizes the number of true positives and false positives, but also increases the false negatives In other words, cheaters g [...]


  • I hear about this book in a completely random way, as I had turned by TV on to CNN where Fareed Zackaria was finishing up his program, GPS, and he ended it by recommending Fung s book Coming in at just under two hundred pages, Fung an Ivy League educated mathematician and statistician has a remarkable and singular capacity to make statistical theory both applicable and astonishingly clear for the layperson to grasp Not only does he mathematically debunk the irrational fear of flying because of i [...]


  • The book started out a bit slow but after powering through the first few pages I was hooked for the most part The author takes an in depth look on the enormous thought and decades of research that has gone into designing certain parts of our life that most of us take for granted Each chapter takes a particular theme and looks at it from two different points of view The author explains the problems faced and subsequent solutions while also explaining the reasons for the chosen courses of action F [...]


  • I find it ironic that the book ends with if you know how to use number to make everyday decisions, you rule the world In fact, almost none of the examples involves everyday decisions made by us, the readers Ramp meter policy were made by engineers who studies traffic Disney fast pass were the result of careful study by Imagineers SAT test fairness are ensured by ETS and so on and so forth None of these decisions were everyday decisions, and certainly none of them were made by us.Another complain [...]


  • An interesting short book about the applications of mathematics, mainly statistics and probability, to human behavior Although it is about math, there is not a formula to be found Topics include waiting times at Disney and at freeway on ramps, lotteries, plane crashes, lie detectors and drug testing in sports Lie detecting and drug testing share the same dilemma, that reducing false positives also means increasing false negatives what differs is which of these is considered the bigger problem Lo [...]


  • A good, introductory book to the use of statistics and probabilities in every day life Written in a way that is easy even for innumerate people to understand It s certainly not a text book on statistics, but rather, through stories and real life examples the author explains to the reader how numbers have changed our livesr better or for worse There are some nice little golden nuggets to take away that anyone can apply, such as the importance of variability when it comes to averages.My biggest is [...]


  • Long queues form because services cannot be stockpiled, customers have to be served as and when they arrive The variability in arrival times plus the fixed service capacity long queues RE6006 yo Statistics works by showing likely causation and correlation.For meaningful comparisons group differences have to be accounted for E.g compare the performance of high performers for different racial groups, rather than the entire lumped group which may have different proportions.Statistics can be used to [...]


  • Kaiser Fung does a great job of illustrating some fundamental statistical concepts This includes variance, stratification and hypothesis testing Even better, he does it through a series of linked anecdotes, which both drive the key points home and make the journey light and pleasant Do you ever wonder why we struggle to catch steroid abusers Do you think polygraphs might be woefully inaccurate Are you confused by some people s fear of flying This is the book for you.Unfortunately it s a little t [...]


  • A few demonstrations of how statistical thinking is non intuitive Fast Pass at Disney is no faster , but it spreads out the waiting time to make it seem shorter When stratifying grouping, you have to group correctly high performance whites perform the same as high performing blacks and also for lows , but the total group of whites performs better than the total group of blacks Simpsons Paradox Rare events are rare There is a tension between trying to optimize against false positives or false neg [...]


  • As this book is written by a statistician, you might think that only a stat geek could enjoy this book But I think it is written for a much broader audience and everyone could benefit from it It is written to convince the general reader of some important statistical concepts that impact day to day life There are so many misconceptions that people have because they don t really understand these relative simple concepts that are discussed in this book This is the kind of book I wish I could have w [...]


  • I enjoyed most of the book It is rather short and a good deal of space is spent on conclusions , ie summarizing what has already been said In fact, the conclusion to the book lasts for many pages, yet just summarizes what you read in the past 150 pages Very annoying Each chapter ends with several pages of restatement of what was said in the chapter The book should have been 3 4 the size that it was The good parts were generally pretty good though.


  • He analyzed the flaw of statistics and gave a better clarity how it can be interpreted and went through thoroughly from credit score sat exam Insurance bet etc etc Finally the book says not to believe on statistical evidence coz the output of result like doping test polygraph may or may not be accurate the author helps to change the perception on day to day event encountered by us especially by newspaper and TV news.


  • Lo compr buscando algo similar a Freakonomics, y aunque tiene casos muy entretenidos de leer rush hour en las autopistas, FastPass en Disney, etc es menos ameno Vuelve repetidamente sobre cada caso para explicar en mayor profundidad el concepto estad stico y eso lo hizo aburrido de seguir No me arrepiento de haberlo leido pero no fue algo memorable.


  • The key message in this book Statistics are based on five key principles Statisticians search for variations from the average, uncover causation and reveal correlation, account for group differences, are realistic about the unavoidable trade offs they face and question patterns whether they appear obvious or odd.


  • I read this book because I liked Tipping Point by Malcolm Gladwell so much I was hoping this would be equally fun It was not It was pretty good, don t get me wrong I m glad I read it But it just wasn t great If you re looking for a really fun, non fiction book about non intuitive features of the world I d recommend either Freakonomics or Tipping Point instead of this one.


  • This book was good but not really as good as I had hoped Lots of discussion about the misuse of statistics which seemed like something most people should already know Wish there had been fresher take on numbers It was ok but wouldn t recommend it.


  • I love these types of books, normally, but thought this one was just blah in its narrative The studies mentioned by the authors in this genre are usually told in a compelling manner, but this book could have benefitted from a better story teller.


  • I was disappointed in this book I was hoping it would be big picture anecdotal like Outliers But it got too technical There were interesting anecdotes and trivia but overall I could not get through it.


  • While title promises many things, book merely delivers 2 3 concepts of statistics average, stratified sample, conditional probability and around 10 case studies Little too verbose and meandering at times, none the less book is easy read but ends without conclusion.


  • Tells some interesting stories, but not a lot of analysis, lots of space filled up with weird quotes from random people Who cares what a random person from Minneapolis has to say about traffic lights


  • Although this book had decent examples of real life scenarios and was an easy read, it argues that statistics essentially is just the study of the nature of variability What I took from this book was that everything is fine just being left up to chance.


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