Chancing It, Robert Matthews
Chancing It, Robert Matthews
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Chancing It
The Laws of Chance and What They Mean for You

Author: Robert Matthews

Narrator: Jeff Cummings

Unabridged: 8 hr 47 min

Format: Digital Audiobook Download (DRM Protected)

Published: 10/17/2017

Synopsis

Over the years, some very smart people have thought they understood the rules of chance—only to fail dismally. Whether you call it probability, risk, or uncertainty, the workings of chance often defy common sense. Fortunately, advances in math and science have revealed the laws of chance, and understanding those laws can help in your everyday life.In Chancing It, award-winning scientist and writer Robert Matthews shows how to understand the laws of probability and use them to your advantage. He gives you access to some of the most potent intellectual tools ever developed and explains how to use them to guide your judgments and decisions. By the end of the book, you will know:How to understand and even predict coincidencesWhen an insurance policy is worth havingWhy “expert” predictions are often misleadingHow to tell when a scientific claim is a breakthrough or baloneyWhen it makes sense to place a bet on anything from sports to stock marketsA groundbreaking introduction to the power of probability, Chancing It will sharpen your decision-making and maximize your luck.

Reviews

Goodreads review by Chris

This book is an excellent layman introduction to the practice of basic statistics, and does for that subject what “The Drunkard’s Walk” did for elementary probability, in that the reader will get a mature non-dumbed down exposition within the pages of each of these books. There are obvious limits t......more

Goodreads review by Tim

First, I liked the book. I listened to the audiobook. The narrator was excellent. My favorite parts of the book were the chapters on finance, economics, and games of chance. Many of the details and formulas were difficult for me to follow on audio. Perhaps it was just me. I recently listened to both......more

Goodreads review by Dominic

RM aims to show that an understanding probability, but for the most part statistics, can enhance decision making for organisations. The book starts with the basics of probability (law of large numbers, randomness, independence, normal distributions), before moving onto discussions of statistical sig......more

Goodreads review by Ed

If you pay attention to science, especially medical science, you know there’s a crisis among researchers — many of the most interesting studies cannot be replicated. Why? Matthews, in this super-entertaining analysis of statistics and probability, constructs a credible argument that it’s because the......more

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