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What the Luck? - The Surprising Role of Chance in Our Everyday Lives (Paperback)
Loot Price: R247
Discovery Miles 2 470
You Save: R69
(22%)
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What the Luck? - The Surprising Role of Chance in Our Everyday Lives (Paperback)
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List price R316
Loot Price R247
Discovery Miles 2 470
You Save R69 (22%)
Expected to ship within 12 - 17 working days
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We underestimate the importance of luck in our lives. We think too
highly of the golfer who wins the British Open and, if he loses the
next tournament, we speculate that he slacked off. Although the
winner is surely an excellent golfer, good luck in how the ball
bounced and how it rolled afterwards outside of the golfer's
control also played an important role. An insufficient appreciation
of chance can wreak all kinds of mischief not only in sports, but
also education, medicine, business, politics and elsewhere.
Perfectly natural, random variation can lead us to attach meaning
to the meaningless. Freakonomics showed how economic calculations
can explain seemingly counter-intuitive decision-making. Thinking,
Fast and Slow, helped readers identify a host of small cognitive
errors that can lead to miscalculations and irrational thought. In
What the Luck? statistician and author, Gary Smith, sets himself a
similar goal, and explains - in clear, understandable, and witty
prose - how a statistical understanding of luck can change the way
we see just about every aspect of our lives.
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