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Books > Science & Mathematics > Mathematics > Probability & statistics
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The Model Thinker - What You Need to Know to Make Data Work for You (Hardcover)
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The Model Thinker - What You Need to Know to Make Data Work for You (Hardcover)
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Data, data, data: It's all one ever hears about these days. Science
is all about big data. Our bosses call out for analytics, whatever
those might be. And everyone wants to predict what will happen
next. Can we accurately predict if a company's stock will rise,
whether or not a disease will spread, or who will become the next
President of the United States? As anyone who has ever opened up a
spreadsheet groaning with weeks, months, or years of data knows,
numbers aren't enough: we have to know how to make them talk. Enter
Scott Page and The Model Thinker. A leading professor of
quantitative social science at the University of Michigan, he has
taken his expertise as both a teacher and researcher and distilled
it into the one book anyone will need to master data and turn it to
professional use. This is no armchair exercise in imagined
understanding, like The Signal and the Noise or The Black Swan or a
legion of books on networks, the purposes of which are to make us
look good in meetings (or in our own minds) than they are to enable
us to do something useful. The Model Thinker is the guide to
turning data into understanding. Underneath it all is what Page
calls the "many-model paradigm", where the key isn't to just find
one related set of statistical tools and work with them over and
over, but to test our understanding of things by modeling them from
several perspectives. The result is both a deep, quantitative
acquaintance with tools ranging from Markov chains to game theory
to Taleb-style long-tail statistics to network analysis and
complexity theory, and a profound trip through the thought-process
of a world-class data modeler. All the major tools of
modeling--which readers will have heard of in everything from Wired
to The Economist to The New York Times--will finally yield their
secrets. As The Theoretical Minimum showed, readers in quantitative
fields aren't just looking for entertainment. They want to change
their understanding of, and ability to act, in the real world.
Businesspeople, students, and scientists alike will find much to
learn from The Model Thinker.
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