Chance, Luck, and Statistics

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Courier Corporation, 2001 - Mathematics - 357 pages
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'The style is clear and lively. The treatment ... is remarkably accurate. In short, it is a good book." — Scientific Monthly
To understand the laws behind chance and probability, you don't need a degree or other formal training in mathematics; all you need is this book! In simple, nontechnical language, it will introduce you to the fundamentals governing chance. Then you'll find a host of practical statistical applications for your new knowledge, including everyday pursuits ranging from sports and government to business and other fields.
The first part explains the theory of probability, with particular reference to superstitions and fallacies, betting odds, and the law of mathematical expectation, and with specific applications to poker, roulette, lotteries, dice games, bridge, and other games involving chance. The second part illustrates: how to apply the principles behind probability theory to statistics, with discussions of normal frequency distributions and the dangers of misusing statistics. A survey of statistical applications takes in a remarkable variety of fields, including strategic warfare, social problems, stock speculation, advertising, and operations research.
Written in a highly readable style, with frequent touches of humor, this volume will enliven any course in probability and statistics. It will appeal to both teachers and students of probability and statistics as well as to nonmathematicians.

 

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Contents

Chance Luck and Statistics
3
Gamblers and Scientists ll
11
The World of Superstition
19
Fallacies
27
The Grammar of Chance 59
41
Heads or Tails
54
Betting and Expectation
74
Who Is Going to Win?
85
Roulette
156
Lotteries Craps Bridge
170
STATISTICS Chapter XIV From Chance to Statistic 201
218
Fallacies in Statistics
243
Statistics at Work
270
Advertising and Statistics
288
Business and Statistics
309
Appendix l
343

Chance and Speculation
98
Poker Chances lll
113
Poker Chances and Strategy
135
Appendix II
345
Index
353
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