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Probabilities in Everyday Life

Probabilities in Everyday Life PDF Author: John D. McGervey
Publisher: Ivy Books
ISBN: 9780804105323
Category : Mathematics
Languages : en
Pages : 260

Book Description
Life can be unpredictable. And the more you can predict, the more control you will have over your own life. From calculating the health risks of smoking a pack of cigarettes a day to deciding on the best investments for your money, probabilities play a part in nearly all aspects of everyday life. Now, physics professor John D. McGervey puts all the facts and figures at your fingertips to help you make savvy, informed choices at home, at work, and at play. You will learn how the author believes you can: * Increase your chances of winning blackjack, contract bridge, horse racing, sports betting, and more * Get the most for your dollar when investing or buying insurance * Judge the risks of such common activities as smoking, using drugs, owning a handgun, and driving without a seat belt * Avoid faulty gambling systems and identify misleading statistics that can be used to draw you into poor investments * And much more. Inside you'll find a lively, entertaining, enlightening approach to minimizing your risks and maximizing your results -- simple strategies designed to give you the edge in life.

Probabilities in Everyday Life

Probabilities in Everyday Life PDF Author: John D. McGervey
Publisher: Ivy Books
ISBN: 9780804105323
Category : Mathematics
Languages : en
Pages : 260

Book Description
Life can be unpredictable. And the more you can predict, the more control you will have over your own life. From calculating the health risks of smoking a pack of cigarettes a day to deciding on the best investments for your money, probabilities play a part in nearly all aspects of everyday life. Now, physics professor John D. McGervey puts all the facts and figures at your fingertips to help you make savvy, informed choices at home, at work, and at play. You will learn how the author believes you can: * Increase your chances of winning blackjack, contract bridge, horse racing, sports betting, and more * Get the most for your dollar when investing or buying insurance * Judge the risks of such common activities as smoking, using drugs, owning a handgun, and driving without a seat belt * Avoid faulty gambling systems and identify misleading statistics that can be used to draw you into poor investments * And much more. Inside you'll find a lively, entertaining, enlightening approach to minimizing your risks and maximizing your results -- simple strategies designed to give you the edge in life.

Understanding Probability

Understanding Probability PDF Author: Henk Tijms
Publisher: Cambridge University Press
ISBN: 1139465457
Category : Mathematics
Languages : en
Pages : 407

Book Description
In this fully revised second edition of Understanding Probability, the reader can learn about the world of probability in an informal way. The author demystifies the law of large numbers, betting systems, random walks, the bootstrap, rare events, the central limit theorem, the Bayesian approach and more. This second edition has wider coverage, more explanations and examples and exercises, and a new chapter introducing Markov chains, making it a great choice for a first probability course. But its easy-going style makes it just as valuable if you want to learn about the subject on your own, and high school algebra is really all the mathematical background you need.

Probabilities

Probabilities PDF Author: Peter Olofsson
Publisher: John Wiley & Sons
ISBN: 1118626060
Category : Mathematics
Languages : en
Pages : 257

Book Description
What are the chances? Find out in this entertaining exploration ofprobabilities in our everyday lives “If there is anything you want to know, or remind yourself, about probabilities, then look no further than this comprehensive, yet wittily written and enjoyable, compendium of how to apply probability calculations in real-world situations.” — Keith Devlin, Stanford University, National Public Radio’s “Math Guy” and author of The Math Gene and The Math Instinct “A delightful guide to the sometimes counterintuitive discipline of probability. Olofsson points out major ideas here, explains classic puzzles there, and everywhere makes free use of witty vignettes to instruct and amuse.” — John Allen Paulos, Temple University, author of Innumeracy and A Mathematician Reads the Newspaper “Beautifully written, with fascinating examples and tidbits of information. Olofsson gently and persuasively shows us how to think clearly about the uncertainty that governs our lives.” — John Haigh, University of Sussex, author of Taking Chances: Winning with Probability From probable improbabilities to regular irregularities, Probabilities: The Little Numbers That Rule Our Lives investigates the often-surprising effects of risk and chance in our everyday lives. With examples ranging from WWII espionage to the O. J. Simpson trial, from bridge to blackjack, from Julius Caesar to Jerry Seinfeld, the reader is taught how to think straight in a world of randomness and uncertainty. Throughout the book, readers learn: Why it is not that surprising for someone to win the lottery twice How a faulty probability calculation forced an innocent woman to spend three years in prison How to place bets if you absolutely insist on gambling How a newspaper turned an opinion poll into one of the greatest election blunders in history Educational, eloquent, and entertaining, Probabilities: The Little Numbers That Rule Our Lives is the ideal companion for anyone who wants to obtain a better understanding of the mathematics of chance.

Everyday Probability and Statistics

Everyday Probability and Statistics PDF Author: M. M. Woolfson
Publisher: Imperial College Press
ISBN: 184816033X
Category : Mathematics
Languages : en
Pages : 234

Book Description
Probability and statistics impinge on the life of the average person in a variety of ways OCo as is suggested by the title of this book. Very often, information is provided that is factually accurate but intended to present a biased view. This book presents the important results of probability and statistics without making heavy mathematical demands on the reader. It should enable an intelligent reader to properly assess statistical information and to understand that the same information can be presented in different ways.

Understanding Probability

Understanding Probability PDF Author: Henk Tijms
Publisher: Cambridge University Press
ISBN: 1139511076
Category : Mathematics
Languages : en
Pages :

Book Description
Understanding Probability is a unique and stimulating approach to a first course in probability. The first part of the book demystifies probability and uses many wonderful probability applications from everyday life to help the reader develop a feel for probabilities. The second part, covering a wide range of topics, teaches clearly and simply the basics of probability. This fully revised third edition has been packed with even more exercises and examples and it includes new sections on Bayesian inference, Markov chain Monte-Carlo simulation, hitting probabilities in random walks and Brownian motion, and a new chapter on continuous-time Markov chains with applications. Here you will find all the material taught in an introductory probability course. The first part of the book, with its easy-going style, can be read by anybody with a reasonable background in high school mathematics. The second part of the book requires a basic course in calculus.

Understanding and Calculating the Odds

Understanding and Calculating the Odds PDF Author: Catalin Barboianu
Publisher: INFAROM Publishing
ISBN: 9738752019
Category : Gambling
Languages : en
Pages : 300

Book Description
This book presents not only the mathematical concept of probability, but also its philosophical aspects, the relativity of probability and its applications and even the psychology of probability. All explanations are made in a comprehensible manner and are supported with suggestive examples from nature and daily life, and even with challenging math paradoxes. (Mathematics)

Probability For Dummies

Probability For Dummies PDF Author: Deborah J. Rumsey
Publisher: John Wiley & Sons
ISBN: 1118429095
Category : Mathematics
Languages : en
Pages : 470

Book Description
Packed with practical tips and techniques for solving probability problems Increase your chances of acing that probability exam -- or winning at the casino! Whether you're hitting the books for a probability or statistics course or hitting the tables at a casino, working out probabilities can be problematic. This book helps you even the odds. Using easy-to-understand explanations and examples, it demystifies probability -- and even offers savvy tips to boost your chances of gambling success! Discover how to * Conquer combinations and permutations * Understand probability models from binomial to exponential * Make good decisions using probability * Play the odds in poker, roulette, and other games

Introduction to Probability

Introduction to Probability PDF Author: John E. Freund
Publisher: Courier Corporation
ISBN: 0486158438
Category : Mathematics
Languages : en
Pages : 276

Book Description
Featured topics include permutations and factorials, probabilities and odds, frequency interpretation, mathematical expectation, decision making, postulates of probability, rule of elimination, much more. Exercises with some solutions. Summary. 1973 edition.

The Book of Odds

The Book of Odds PDF Author: Amram Shapiro
Publisher: Harper Collins
ISBN: 0062343068
Category : Reference
Languages : en
Pages : 448

Book Description
From the popular Book of Odds website, this stylish and accessible reference book offers a fascinating peek at the probabilities that govern every aspect of human life Did you know that your odds of dying from drowning are higher than the odds of meeting your mate on a blind date? That the odds a child has seen Internet porn are the same as the odds a person is right-handed? That nearly one in three adults believes in UFOs and nearly one in six has reported seeing one? Drawing from a rigorously researched trove of more than 400,000 statements of probability, based on the most accurate and current data available, The Book of Odds is a graphic reference source for stats on the everyday, the odd, and the outrageous—from sex and marriage, health and disease, beliefs and fears, to wealth, addiction, entertainment, and civic life. What emerges from this colorful and captivating volume is a rich portrait of who we are and how we live today.

Probability and Bayesian Modeling

Probability and Bayesian Modeling PDF Author: Jim Albert
Publisher: CRC Press
ISBN: 1351030132
Category : Mathematics
Languages : en
Pages : 553

Book Description
Probability and Bayesian Modeling is an introduction to probability and Bayesian thinking for undergraduate students with a calculus background. The first part of the book provides a broad view of probability including foundations, conditional probability, discrete and continuous distributions, and joint distributions. Statistical inference is presented completely from a Bayesian perspective. The text introduces inference and prediction for a single proportion and a single mean from Normal sampling. After fundamentals of Markov Chain Monte Carlo algorithms are introduced, Bayesian inference is described for hierarchical and regression models including logistic regression. The book presents several case studies motivated by some historical Bayesian studies and the authors’ research. This text reflects modern Bayesian statistical practice. Simulation is introduced in all the probability chapters and extensively used in the Bayesian material to simulate from the posterior and predictive distributions. One chapter describes the basic tenets of Metropolis and Gibbs sampling algorithms; however several chapters introduce the fundamentals of Bayesian inference for conjugate priors to deepen understanding. Strategies for constructing prior distributions are described in situations when one has substantial prior information and for cases where one has weak prior knowledge. One chapter introduces hierarchical Bayesian modeling as a practical way of combining data from different groups. There is an extensive discussion of Bayesian regression models including the construction of informative priors, inference about functions of the parameters of interest, prediction, and model selection. The text uses JAGS (Just Another Gibbs Sampler) as a general-purpose computational method for simulating from posterior distributions for a variety of Bayesian models. An R package ProbBayes is available containing all of the book datasets and special functions for illustrating concepts from the book. A complete solutions manual is available for instructors who adopt the book in the Additional Resources section.