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Tags: probability

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  The Black Swan: The Impact of the Highly Improbable

  by Nassim Nicholas Taleb

  A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of... (more)
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  Fooled by Randomness

  The Hidden Role of Chance in Life and in the Markets

  by Nassim Nicholas Taleb

  The word-of-mouth sensation that will change the way you think about the markets and the world. This book is about luck: more precisely how we perceive luck in our personal and professional experiences. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill – the world of business – Fooled by Randomness is an irreverent, iconoclastic, eye-opening, and endlessly entertaining... (more)
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  The Drunkard's Walk

  How Randomness Rules Our Lives

  by Leonard Mlodinow

  In this irreverent and illuminating book, acclaimed writer and scientist Leonard Mlodinow shows us how randomness, change, and probability reveal a tremendous amount about our daily lives, and how we misunderstand the significance of everything from a casual conversation to a major financial setback. As a result, successes and failures in life are often attributed to clear and obvious cases, when in actuality... (more)
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  Bringing Down the House

  The Inside Story of Six M.I.T. Students Who Took Vegas for Millions

  by Ben Mezrich

  #1 National Bestseller! The amazing inside story about a gambling ring of M.I.T. students who beat the system in Vegas -- and lived to tell how. Robin Hood meets the Rat Pack when the best and the brightest of M.I.T.'s math students and engineers take up blackjack under the guidance of an eccentric mastermind. Their small blackjack club develops from an experiment in counting cards on M.I.T.'s campus into a... (more)
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  Cloudy With a Chance of Meatballs

  by Judi Barrett, Ron Barrett

  If food dropped like rain from the sky, wouldn't it be marvelous! Or would it? You'd never be sure of just how much fell, or what. Would it really be all it seemed to be?In this cute children's book, it tells a short story of a small town where food fell from the sky in numeous amounts. But when it gets out of hand, the food starts squishing people, coming in too much amounts, and causing a big mess. You... (more)
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  Against the Gods

  The Remarkable Story of Risk

  by Peter L. Bernstein

  A Business Week, New York Times Business, and USA Today Bestseller "Ambitious and readable . . . an engaging introduction to the oddsmakers, whom Bernstein regards as true humanists helping to release mankind from the choke holds of superstition and fatalism." —The New York Times "An extraordinarily entertaining and informative book." —The Wall Street Journal "A lively panoramic book . . .... (more)
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  Innumeracy

  Mathematical Illiteracy and Its Consequences

  by John Allen Paulos

  Why do even well-educated people understand so little about mathematics? And what are the costs of our innumeracy? John Allen Paulos, in his celebrated bestseller first published in 1988, argues that our inability to deal rationally with very large numbers and the probabilities associated with them results in misinformed governmental policies, confused personal decisions, and an increased susceptibility to... (more)
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  Chances Are . . .

  Adventures in Probability

  by Michael Kaplan, Ellen Kaplan

  A layman’s journey into the realm of probability—from poker to politics, weather to war, Monte Carlo to mortality We search for certainty, but find only likelihood. All things are possible, only one thing actually happens; everything else is in the realm of probability. The twin disciplines of probability and statistics underpin every modern science and sketch the shape of all purposeful group... (more)
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  Irrationality: Why We Don't Think Straight!

  by Stuart Sutherland

  Why do doctors, generals, civil servants and others consistently make wrong decisions that cause enormous harm to others? Irrational beliefs and behaviours are virtually universal. In this iconoclastic book Stuart Sutherland analyses causes of irrationality and examines why we are irrational, the different kinds of irrationality, the damage it does us and the possible cures.
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  Introduction to Probability Models

  by Sheldon M. Ross

  Introduction to Probability Models, 8th Edition , continues to introduce and inspire readers to the art of applying probability theory to phenomena in fields such as engineering, computer science, management and actuarial science, the physical and social sciences, and operations research. Now revised and updated, this best-selling book retains its hallmark intuitive, lively writing style, captivating introduction... (more)
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  A Very Improbable Story

  A Math Adventure

  by Edward Einhorn

  Ethan wakes up one morning with a talking cat on his head. The cat refuses to budge until Ethan wins a game of probability. Without looking, Ethan must pick out a dime from his coin collection or two matching socks from his dresser, or do something else improbable. A very improbable story about a challenging math concept.
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  One Hundred Essential Things You Didn't Know You Didn't Know

  Math Explains Your World

  by John D. Barrow

  Eminent cosmologist and writer John D. Barrow uses simple mathematics to answer one hundred perplexing questions from everyday life. Mathematics can reveal and illuminate things about the complex world we live in that can’t be found any other way. In this hugely informative and entertaining book, John D. Barrow takes the most perplexing of everyday phenomena—from the odds of winning the lottery and the... (more)
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  Risk

  The Science and Politics of Fear

  by Dan Gardner

  In the tradition of Malcolm Gladwell, Gardner explores a new way of thinking about the decisions we make. We are the safest and healthiest human beings who ever lived, and yet irrational fear is growing, with deadly consequences — such as the 1,595 Americans killed when they made the mistake of switching from planes to cars after September 11. In part, this irrationality is caused by those — politicians,... (more)
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  The Numerati

  by Stephen Baker

  "Steve Baker puts his finger on perhaps the most important cultural trend today: the explosion of data about every aspect of our world and the rise of applied math gurus who know how to use it." --Chris Anderson, Editor-in-Chief of Wired Magazine (Wired Magazine ) An urgent look at how a global math elite is predicting and altering our behavior -- at work, at the mall, and in bed Every day we produce loads of... (more)
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  Probability and Measure, 3rd Edition

  by Patrick Billingsley

  PROBABILITY AND MEASURE Third Edition Now in its new third edition, Probability and Measure offers advanced students, scientists, and engineers an integrated introduction to measure theory and probability. Retaining the unique approach of the previous editions, this text interweaves material on probability and measure, so that probability problems generate an interest in measure theory and... (more)
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  Probability For Dummies (For Dummies (Math & Science))

  by Deborah J. Rumsey

  Packed with practical tips and techniques for solving probability problems Increase your chances of acing that probability exam -- or winning at the casino! Whether you're hitting the books for a probability or statistics course or hitting the tables at a casino, working out probabilities can be problematic. This book helps you even the odds. Using easy-to-understand explanations and... (more)
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  Diffusions, Markov Processes, and Martingales (Cambridge Mathematical Library)

  by L. C. G. Rogers, D. Williams

  Now available in paperback, this celebrated book remains a key systematic guide to a large part of the modern theory of Probability. The authors not only present the subject of Brownian motion as a dry part of mathematical analysis, but convey its real meaning and fascination. The opening, heuristic chapter does just this, and it is followed by a comprehensive and self-contained account of the foundations of... (more)
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  Fifty Challenging Problems in Probability with Solutions

  by Frederick Mosteller

  Remarkable selection of puzzlers, graded in difficulty, that illustrate both elementary and advanced aspects of probability. Selected for originality, general interest or because they demonstrate valuable techniques, the problems are ideal as a supplement to courses in probability or statistics, or as stimulating recreation for the mathematically minded. Detailed solutions. Illustrated.
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  The Unfinished Game

  Pascal, Fermat, and the Seventeenth-Century Letter that Made the World Modern

  by Keith Devlin

  Before the mid-seventeenth century, scholars generally agreed that it was impossible to predict something by calculating mathematical outcomes. One simply could not put a numerical value on the likelihood that a particular event would occur. Even the outcome of something as simple as a dice roll or the likelihood of showers instead of sunshine was thought to lie in the realm of pure, unknowable chance. The issue... (more)
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  An Introduction to Probability Theory and Its Applications, Vol. 1

  by William Feller

  Major changes in this edition include the substitution of probabilistic arguments for combinatorial artifices, and the addition of new sections on branching processes, Markov chains, and the De Moivre-Laplace theorem.