the drunkard's walk summary
Such are the insights in this original and unexpected journey. A chance is what you take when you cannot calculate the odds. Information at BookBrowse.com is published with the permission of the copyright holder or their agent. Article Full access is for members only. Find books by time period, setting & theme, Read-alike suggestions by book and author. please send us a message with the mainstream media reviews that you would like to see added. There are too many things going on - in the financial markets or the sporting arena - for any one player to make much of a difference. There have been many literate and diverting books by physicists and mathematicians, but this one starts with one distinct advantage. The Drunkard. More Books, Published in USA  For once, the Romans understood these things better than the Greeks (who really did think that the gods had a hand), but the Romans couldn't calculate very well because they were stuck with Roman numerals. There are other reasons for reflecting carefully about probability. If the odds are in your favour, then in the long run, you'll win. A few decades later, Blaise Pascal - now more famous for Pascal's wager, which advises you to place your bets on God's existence and live accordingly - devised a table of probabilities now known as Pascal's triangle, which allows gamblers to calculate the probability that a certain sequence of numbers will occur (for the record, there are 7,059,052 ways of choosing six numbers out of a sequence of 44). In most cases, the reviews are necessarily limited to those that were available to us ahead of publication. If you think that mathematics mainly for academic, this book might change your view. But he writes in the best traditions of the genre: the prose is simple and suitably vivid, the explanations pop up as brisk anecdote and lively example rather than as uncompromising strings of numbers, and the personal detail - which is lively enough - is sternly contained by the needs of the narrative. The dilemma for all gamblers is: just because such a thing is probable, does that mean it is going to happen this time? As a result, successes and failures in life are often attributed to clear and obvious causes, when in actuality they are more profoundly influenced by chance. Visitors can view some of BookBrowse for free. The answer depends on how you calculate the odds. Other articles where Drunkard’s walk is discussed: random walk: A typical example is the drunkard’s walk, in which a point beginning at the origin of the Euclidean plane moves a distance of one unit for each unit of time, the direction of motion, however, being random at each step. Reviews | Benford's law (it was neither first observed nor finally proved by Frank Benford, which goes to show that there is something random about fame as well as fortune) says that cumulative numbers are biased in favour of the lower digits, so the first digit in a series is likely to be one around 30% of the time, two about 18% of the time and so on. Around four million American women were beaten up by their husbands or boyfriends each year, he argued, but in 1992 only 1,432 had been murdered by their partners. Our lives may be shaped by chance, but they are enriched by awareness - just the sort of awareness that this fascinating book will give you. Offering readers not only a tour of randomness, chance, and probability but also a new way of looking at the world, this original, unexpected journey reminds us that much in our lives is about as predictable as the steps of a stumbling man fresh from a night at the bar. This book will challenge everything you think you know about how the world works, as Mlodinow argues passionately about the randomness of the world, and our habit of finding spurious explanations for essentially random events—in the process often making dangerously fallacious judgments. And what is the probability that a successful chief executive officer or fund manager or sportsman will go on being successful? There was always going to be a winner, but you could only identify the winner after the game was over. Genre: History, Science & Current Affairs This book is firmly in the great tradition of instructive non-fiction. Most of us don't want to know about quantum mechanics, even if we do want to know why the universe is as it is. Skill and foresight command a premium in the marketplace but performance still seems indistinguishable from chance, and those financiers fabled in Forbes magazine are more likely to have hit a winning streak. More Information | The information about The Drunkard's Walk shown above was first featured in "The BookBrowse Review" - BookBrowse's online-magazine that keeps our members abreast of notable and high-profile books publishing in the coming weeks. Of all those battered wives and girlfriends who had been murdered in the US, 90% had been murdered by their abusers. The information about The Drunkard's Walk shown above was first featured Genre: Non-fiction. As a result, successes and failures in life are often attributed to clear and obvious cases, when in actuality they are more profoundly influenced by chance. It is written by a mathematical physicist with form (California Institute of Technology and then the Max Planck Institute for Physics and Astrophysics in Munich), and Mlodinow still teaches probability at Caltech. . . "Books on randomness and statistics line library shelves, but Mlodinow will help readers sort out Mark Twain's "damn lies" from meaningful statistics and the choices we face every day." What are the chances that you could flip a coin 10 million times and get heads every time? From the classroom to the courtroom, from financial markets to supermarkets, from the doctor's office to the Oval Office, Mlodinow's insights will intrigue, awe, and inspire. How many people do you need in a group for a better-than-even chance that two will share the same birthday? Search: The Drunkard's Walk: How Randomness Rules Our Lives. "—Fortune, "Even if you begin The Drunkard's Walk as a skeptic, by the time you reach the final pages, you will gain an understanding-if not acceptance-of the intuitively improbable ways that probability biases the outcomes of life's uncertainties. Leonard Mlodinow is a star physicist (Caltech, Max Plank Institute for Physics and His previous books include Euclid's Window: The Story of Geometry from Parallel Lines to Hyperspace, Feynman's Rainbow: A Search for Beauty in Physics and in Life, and, with Stephen Hawking, A Briefer History of Time. One US pundit correctly predicted turns in the stock market for 18 out of 19 calendar years. The rise and fall of your favorite movie star or of the most reviled CEO--in fact, of all our destinies--reflects as much as planning and innate abilities. An enthralling epic about two trailblazing female doctors in 19th century New York. So one of the first tenets of probability theory is that the chances of an event occurring depend on the number of ways in which it can occur. Less than you might think. in "The BookBrowse Review" - BookBrowse's online-magazine that keeps our members abreast of notable and high-profile books publishing in the coming weeks. Book Review. So the probability that the African-American sports star turned actor had committed the fatal assault was actually one in 2,500. After the Japanese attack on Pearl Harbor in December 1941, it was easy enough to track back to the warning signs and condemn the high command for not having read them correctly. Very high, according to probability theory. In this irreverent and illuminating book, Leonard Mlodinow shows us how randomness, chance, and probability reveal a tremendous amount about our daily lives, and how we misunderstand the significance of everything from a casual conversation to a major financial setback. by Leonard Mlodinow. "—Barron's, “Delightfully entertaining.”—Scientific American, “Mlodinow is the perfect guy to reveal the ways unrelated elements can relate and connect.”—The Miami Herald, “A primer on the science of probability.”—The Washington Post Book World, “A magnificent exploration of the role that chance plays in our lives. That is the second lesson of this delightful book: risky ventures, long shots and random outcomes have a way of looking like good bets, but only after the event.

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