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Taking Chances: Winning with Probability

Posted by on Feb 6, 2013 in Bookshop | Comments Off on Taking Chances: Winning with Probability

Taking Chances: Winning with Probability

Taking Chances: Winning with Probability Rating:
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What are the odds against winning the Lottery, making money in a casino, or backing the right horse? Every day, people make judgements on these matters and face other decisions that rest on their understanding of probability: buying insurance, following medical advice, carrying an umbrella. Yet many of us have a frightening ignorance of how probability works. Taking Chances presents an entertaining and fascinating exploration of probability, revealing traps and fallacies in
the field. It describes and analyses a remarkable variety of situations where chance plays a role, including football pools, the Lottery, TV games, sport, cards, roulette, coins, and dice. The book guides the reader round common pitfalls, demonstrates how to make better informed decisions, and shows where
the odds can be unexpectedly in your favour. This new edition has been fully updated, and includes information on "Who Wants to be a Millionaire?" and "The Weakest Link", plus a new chapter on Probability for Lawyers.

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