Probability Theory, Statistics, Gambling - General & Miscellaneous, Mathematics - Recreation & Games
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Overview
In simple, non-technical language, this volume explores the fundamentals governing chance and applies them to sports, government, and business. Topics include the theory of probability in relation to superstitions, betting odds, warfare, social problems, stocks, and other areas. "Clear and lively . . . remarkably accurate." — Scientific Monthly.Synopsis
Readers who want a clearer idea of why the casinos are taking their money may find this book enlightening. The theory of probability is described for the non-mathematician by using games of chance for illustration. Readers are then instructed how to apply the principle behind probability theory to statistics. Normal frequency distributions and the dangers of misusing statistics are described, with examples taken from diverse parts of daily life, such as the stock market, strategic warfare, and operations research. This reprint is of a 1963 revised edition; the original was published by Rinehart and Co. in 1950.
Annotation c. Book News, Inc., Portland, OR (booknews.com)
Book Details
Published
August 1, 2001
Publisher
Dover Publications
Pages
384
Format
Paperback
ISBN
9780486419978