What the Numbers Say

What the Numbers Say

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A decade ago, computer scientist Douglas Hofstadter coined the term innumeracy, which aptly described the widespread ailment of poor quantitative thinking in American society. So, in What the Numbers Say, Derrick Niederman and David Boyum present clear and comprehensible methods to help us process and calculate our way through the world of a€œdata smoga€ that we live in. Avoiding abstruse formulations and equations, Niederman and Boyum anchor their presentations in the real world by covering a particular quantitative idea in relation to a contexta€“like probability in the stock market or interest-rate percentages. And while this information is useful toward helping us to be more financially adept, What the Numbers Say is not merely about money. We learn why there were such dramatic polling swings in the 2000 U.S. presidential election and why the system of scoring for womena€™s figure skating was so controversial in the 2002 Winter Olympics, showing us that good quantitative thinking skills are not only practical but fun.At the time this was written, we compared the prices a major buying service offered on a pair of 2001 vehicles, the Acura MDX and the Oldsmobile Aurora. The MDX was selling like hotcakes. The Aurora was selling likea€”well, like ananbsp;...

Title:What the Numbers Say
Author:Derrick Niederman, David Boyum
Publisher:Crown Business - 2007-12-18


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