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Calculated Risks: How to Know When Numbers Deceive You (Paperback)

Description

Title: Calculated Risks: How to Know When Numbers Deceive You
Type: Remainder
Author: Gigerenzer, Gerd
Binding: Paperback
ISBN: 9780743254236
Publisher: Simon and Schuster
Language: English
Page Count: 310
Category: Education
Subject: Decision Making & Problem Solving
Subject:

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.

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