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What the luck? [electronic resource] : the surprising role of chance in our everyday lives / Gary Smith.

by Smith, Gary, 1945- author.

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[Rego Park] : Your Coach Digital, 2016.

Electronic Resource

http://link.overdrive.com/?websiteID=50&titleID=2967273 This title is available online; click here to access

Electronic Resource

http://excerpts.cdn.overdrive.com/FormatType-425/1088-1/2967273-WhatTheLuck.mp3

Electronic Resource

http://samples.overdrive.com/?crid=09ab19af-556f-4e2d-b149-c397a041baa7&.epub-sample.overdrive.com

Electronic Resource

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9781469065601 (electronic audio bk.)

1469065606 (electronic audio bk.)

1 online resource (1 sound file (07 hr., 49 min., 50 sec.)) : digital

The newest book by the acclaimed author of Standard Deviations takes on luck, and all the mischief the idea of luck can cause in our lives.In Israel, pilot trainees who were praised for doing well subsequently performed worse, while trainees who were yelled at for doing poorly performed better. It is an empirical fact that highly intelligent women tend to marry men who are less intelligent. Students who get the highest scores in third grade generally get lower scores in fourth grade.And yet, it's wrong to conclude that screaming is not more effective in pilot training, women choose men whose intelligence does not intimidate them, or schools are failing third graders. In fact, there's one reason for each of these empirical facts: Statistics. Specifically, a statical concept called Regression to the Mean.Regression to the mean seeks to explain, with statistics, the role of luck in our day to day lives. An insufficient appreciation of luck and chance can wreak all kinds of mischief in sports, education, medicine, business, politics, and more. It can lead us to see illness when we are not sick and to see cures when treatments are worthless. Perfectly natural random variation can lead us to attach meaning to the meaningless. In What the Luck?, statistician and author Gary Smith explains in clear, understandable, and witty prose, how a statistical understanding of luck can change the way we see just about every aspect of our lives...and can help us learn to rely less on random chance, and more on truth.

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