Title: Calculated Risks: How to Know When Numbers Deceive You
Author: Gigerenzer, Gerd
Publisher: Simon and Schuster
Page Count: 310
Subject: Decision Making & Problem Solving
Description: At the beginning of the twentieth century, H. G. Wells predicted that statistical thinking would be as necessary for citizenship in a technological world as the ability to read and write. But in the twenty-first century, we are often overwhelmed by a baffling array of percentages and probabilities as we try to navigate in a world dominated by statistics. Cognitive scientist Gerd Gigerenzer says that because we haven’t learned statistical thinking, we don’t understand risk and uncertainty. In order to assess risk – everything from the risk of an automobile accident to the certainty or uncertainty of some common medical screening tests – we need a basic understanding of statistics. This eye-opening book explains how we can overcome our ignorance of numbers and better understand the risks we may be taking with our money, our health, and our lives.Follow us on social media!