D. J Hand
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"An eye-opening and engrossing look at rare moments, why they occur, and how they shape our world In The Improbability Principle, the renowned statistician David J. Hand unveils his groundbreaking argument that extraordinarily rare events are in fact commonplace. Weaving together fascinating new ways to think about chance, Hand highlights his "law of near enough," the "look elsewhere effect," and more, doing for probability what Newton's laws of motion...
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Description
From the Publisher: Statistical ideas and methods underlie just about every aspect of modern life. From randomized clinical trials in medical research, to statistical models of risk in banking and hedge fund industries, to the statistical tools used to probe vast astronomical databases, the field of statistics has become centrally important to how we understand our world. But the discipline underlying all these is not the dull statistics of the popular...