Did you know that chicken eggs can influence how computers generate random events? Or that humans can postpone death until after important ceremonial occasions? Or live three to five years longer if they have positive initials, like ACE? All these 'facts' have been presented with a straight face by researchers and backed up with convincing statistics. In Standard Deviations, economics professor Gary Smith walks us through the various tricks and traps we so often fall into. Today, data is so plentiful and our reliance on computer analysis and AI so entrenched that researchers spend precious little time distinguishing between good, meaningful deductions and rubbish. Not only do others use data to fool us, we fool ourselves. Drawing on breakthrough research in behavioural economics by luminaries like Daniel Kahneman and Dan Ariely, and taking to task some of the conclusions of Freakonomics, Standard Deviations demystifies the science behind the statistics.
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A timely new edition, fully updated and revised, Standard Deviations demystifies the science behind the statistics
'A very entertaining book about a very serious problem. We deceive ourselves all the time with statistics, and it is time we wised up' Robert J. Shiller, winner of the Nobel Prize in Economics and author of Irrational Exuberance
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The acclaimed, incisive analysis of our often misguided love of statistics, now fully updated to include scrutiny of emerging AI and Big Data

Produktdetaljer

ISBN
9780715651032
Publisert
2016-09-22
Utgiver
Vendor
Duckworth
Høyde
198 mm
Bredde
129 mm
Aldersnivå
01, G, 01
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
304

Forfatter

Om bidragsyterne

Gary Smith received his PhD in Economics from Yale University and taught there for several years before moving to Pomona College, California, where he is Fletcher Jones Professor of Economics. His research has appeared in outlets including the New York TimesWall Street JournalForbes and Wired, and he is the author of many articles and books, including The AI Delusion and Standard Deviations.