{"product_id":"probabilities-isbn-9781118898901","title":"Probabilities","description":"\u003cp\u003ePraise for the \u003ci\u003eFirst Edition\u003cbr\u003e \u003cbr\u003e \u003c\/i\u003e“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.”\u003cbr\u003e \u003cbr\u003e - \u003cb\u003eKeith Devlin,\u003c\/b\u003e Stanford University, National Public Radio’s “Math Guy” and author of \u003ci\u003eThe Math Gene\u003c\/i\u003e and \u003ci\u003eThe Unfinished Game\u003cbr\u003e \u003cbr\u003e \u003c\/i\u003eFrom probable improbabilities to regular irregularities, \u003ci\u003eProbabilities: The Little Numbers That Rule Our Lives, Second Edition\u003c\/i\u003e investigates the often surprising effects of risk and chance in our lives. Featuring a timely update, the \u003ci\u003eSecond Edition\u003c\/i\u003e continues to be the go-to guidebook for an entertaining presentation on the mathematics of chance and uncertainty.\u003cbr\u003e \u003cbr\u003e The new edition develops the fundamental mathematics of probability in a unique, clear, and informal way so readers with various levels of experience with probability can understand the little numbers found in everyday life. Illustrating the concepts of probability through relevant and engaging real-world applications, the \u003ci\u003eSecond Edition\u003c\/i\u003e features numerous examples on weather forecasts, DNA evidence, games and gambling, and medical testing. The revised edition also includes:\u003cbr\u003e \u003cbr\u003e \u003c\/p\u003e \u003cul\u003e \u003cli\u003eThe application of probability in finance, such as option pricing\u003c\/li\u003e \u003cli\u003eThe introduction of branching processes and the extinction of family names\u003c\/li\u003e \u003cli\u003eAn extended discussion on opinion polls and Nate Silver’s election predictions\u003c\/li\u003e \u003c\/ul\u003e \u003ci\u003e\u003cbr\u003e Probabilities: The Little Numbers That Rule Our Lives, Second Edition\u003c\/i\u003e is an ideal reference for anyone who would like to obtain a better understanding of the mathematics of chance, as well as a useful supplementary textbook for students in any course dealing with probability. \u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003ePreface to the First Edition xi\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Computing Probabilities: Right Ways and Wrong Ways 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Probabilist 1\u003c\/p\u003e \u003cp\u003eThe Probabilist’s Toys and Language 4\u003c\/p\u003e \u003cp\u003eThe Probabilist’s Rule Book 10\u003c\/p\u003e \u003cp\u003eIndependence, Airplanes, and Russian Peasants 15\u003c\/p\u003e \u003cp\u003eConditional Probability, Swedish TV, and British Courts 20\u003c\/p\u003e \u003cp\u003eLiar, Liar 25\u003c\/p\u003e \u003cp\u003eCar Dealers and Color Blindness 29\u003c\/p\u003e \u003cp\u003eShuttlecocks and Spaghetti Westerns 34\u003c\/p\u003e \u003cp\u003eCombinatorics, Pastrami, and Poetry 40\u003c\/p\u003e \u003cp\u003eThe Von Trapps and The Binomial Distribution 45\u003c\/p\u003e \u003cp\u003eFinal Word 51\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Surprising Probabilities: When Intuition Struggles 53\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBoys, Girls, Aces, and Colored Cards 53\u003c\/p\u003e \u003cp\u003eGoats and Gloats 58\u003c\/p\u003e \u003cp\u003eHappy Birthday 61\u003c\/p\u003e \u003cp\u003eTypical Atypicalities 66\u003c\/p\u003e \u003cp\u003eThe British Snob and I 72\u003c\/p\u003e \u003cp\u003eStrategery 75\u003c\/p\u003e \u003cp\u003eFinal Word 78\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 Tiny Probabilities: Why Are They So Hard to Escape? 79\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProbable Improbabilities 79\u003c\/p\u003e \u003cp\u003eSaddam and I 83\u003c\/p\u003e \u003cp\u003eTaking Tiny Risks 89\u003c\/p\u003e \u003cp\u003eA Million-to-One Shot, Doc, Million to One! 91\u003c\/p\u003e \u003cp\u003eMonsieur Poisson and the Mysterious Number 37 93\u003c\/p\u003e \u003cp\u003eClumps in Space 98\u003c\/p\u003e \u003cp\u003eFinal Word 100\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Backward Probabilities: The Reverend Bayes to Our Rescue 101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDriving Miss Daisy 101\u003c\/p\u003e \u003cp\u003eBayes, Balls, and Boys (and Girls) 104\u003c\/p\u003e \u003cp\u003eBayes and My Green Card 107\u003c\/p\u003e \u003cp\u003eObjection Your Honor 112\u003c\/p\u003e \u003cp\u003eOrnithology 122\u003c\/p\u003e \u003cp\u003eFinal Word 125\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Beyond Probabilities: What to Expect 127\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGreat Expectations 127\u003c\/p\u003e \u003cp\u003eThe Price is Right (Maybe) 134\u003c\/p\u003e \u003cp\u003eBlood, Sweat, and Theory 137\u003c\/p\u003e \u003cp\u003eGood Things Come to Those Who Wait 140\u003c\/p\u003e \u003cp\u003eExpect the Unexpected 145\u003c\/p\u003e \u003cp\u003eExponential Growth toward Extinction 149\u003c\/p\u003e \u003cp\u003eSize Matters (and Length, and Age) 159\u003c\/p\u003e \u003cp\u003eMean, Median, Mode 165\u003c\/p\u003e \u003cp\u003eDeviant Behavior 171\u003c\/p\u003e \u003cp\u003eFinal Word 176\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 Inevitable Probabilities: Two Fascinating Mathematical Results 177\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAlea Iacta Est, Over and Over 177\u003c\/p\u003e \u003cp\u003eEven-Steven? The Law Misunderstood 181\u003c\/p\u003e \u003cp\u003eCoin Tosses and Freeway Congestion 188\u003c\/p\u003e \u003cp\u003eLet’s Get Serious 195\u003c\/p\u003e \u003cp\u003eBells and Bread 200\u003c\/p\u003e \u003cp\u003eHow a Toronto Quincunx Changed My Life 204\u003c\/p\u003e \u003cp\u003eFinal Word 206\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 Gambling Probabilities: Why Donald Trump Is Richer than You 209\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFrench Letters 209\u003c\/p\u003e \u003cp\u003eRoulette: A Classy Way to Waste Your Money 214\u003c\/p\u003e \u003cp\u003eCraps: Not so Dicey after All 219\u003c\/p\u003e \u003cp\u003eBlackjack: Money for Mnemonics 222\u003c\/p\u003e \u003cp\u003eMath for Losers 227\u003c\/p\u003e \u003cp\u003eWin Money and Lose Friends 234\u003c\/p\u003e \u003cp\u003eFinal Word 245\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 Guessing Probabilities: Enter the Statisticians 247\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLies, Damned Lies, and Beautiful Lies? 247\u003c\/p\u003e \u003cp\u003e4 Out of 10 Like the President 19 Times Out of 20 251\u003c\/p\u003e \u003cp\u003ePolls Gone Wild 257\u003c\/p\u003e \u003cp\u003eThe Silver Lining 262\u003c\/p\u003e \u003cp\u003eThe Lawsuit and the Lurker 265\u003c\/p\u003e \u003cp\u003eFootball Players and Geyser Eruptions 271\u003c\/p\u003e \u003cp\u003eSnooping in the Abbot’s Garden 278\u003c\/p\u003e \u003cp\u003eFinal Word 284\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9 Faking Probabilities: Computer Simulation 285\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMahogany Dice and Modular Arithmetic 285\u003c\/p\u003e \u003cp\u003eRandom and Not-So-Random Digits 293\u003c\/p\u003e \u003cp\u003eNumber One is Number One 294\u003c\/p\u003e \u003cp\u003eIs Random Really Random? 297\u003c\/p\u003e \u003cp\u003eFinal Word 302\u003c\/p\u003e \u003cp\u003eIndex 305\u003c\/p\u003e \u003cp\u003e“The book is an ideal reference for anyone who would like to obtain a better understanding of the mathematics of chance, as well as a useful supplementary textbook for students in any course dealing with probability.” (\u003ci\u003eZentralblatt MATH\u003c\/i\u003e, 1 June 2015)\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePeter Olofsson, PhD,\u003c\/b\u003e is Professor in the Department of Mathematics at Trinity University, USA. An active researcher in the field of applied probability and an experienced teacher, Dr. Olofsson is the author of \u003ci\u003eProbability, Statistics, and Stochastic Processes, Second Edition\u003c\/i\u003e, also published by Wiley.\u003c\/p\u003e  \u003cp\u003ePraise for the \u003ci\u003eFirst Edition\u003cbr\u003e \u003cbr\u003e \u003c\/i\u003e“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.”\u003cbr\u003e \u003cbr\u003e - \u003cb\u003eKeith Devlin,\u003c\/b\u003e Stanford University, National Public Radio’s “Math Guy” and author of \u003ci\u003eThe Math Gene\u003c\/i\u003e and \u003ci\u003eThe Unfinished Game\u003cbr\u003e \u003c\/i\u003e\u003cbr\u003e From probable improbabilities to regular irregularities, \u003ci\u003eProbabilities: The Little Numbers That Rule Our Lives, Second Edition\u003c\/i\u003e investigates the often surprising effects of risk and chance in our lives. Featuring a timely update, the \u003ci\u003eSecond Edition\u003c\/i\u003e continues to be the go-to guidebook for an entertaining presentation on the mathematics of chance and uncertainty.\u003cbr\u003e \u003cbr\u003e The new edition develops the fundamental mathematics of probability in a unique, clear, and informal way so readers with various levels of experience with probability can understand the little numbers found in everyday life. Illustrating the concepts of probability through relevant and engaging real-world applications, the \u003ci\u003eSecond Edition\u003c\/i\u003e features numerous examples on weather forecasts, DNA evidence, games and gambling, and medical testing. The revised edition also includes:\u003cbr\u003e \u003cbr\u003e \u003c\/p\u003e \u003cul\u003e \u003cli\u003eApplications of probability in finance, such as option pricing\u003c\/li\u003e \u003c\/ul\u003e \u003cul\u003e \u003cli\u003eThe introduction of branching processes and the extinction of family names\u003c\/li\u003e \u003c\/ul\u003e \u003cul\u003e \u003cli\u003eAn extended discussion on opinion polls and Nate Silver’s election predictions\u003c\/li\u003e \u003c\/ul\u003e \u003ci\u003e\u003cbr\u003e Probabilities: The Little Numbers That Rule Our Lives, Second Edition\u003c\/i\u003e is an ideal reference for anyone who would like to obtain a better understanding of the mathematics of chance, as well as a useful supplementary textbook for students in any course dealing with probability.\u003cbr\u003e \u003cbr\u003e \u003cb\u003ePeter Olofsson, PhD,\u003c\/b\u003e is Professor in the Department of Mathematics at Trinity University, USA. An active researcher in the field of applied probability and an experienced teacher, Dr. Olofsson is the author of \u003ci\u003eProbability, Statistics, and Stochastic Processes, Second Edition\u003c\/i\u003e, also published by Wiley.\u003cbr\u003e \u003cp\u003e\u003ci\u003e \u003c\/i\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989857124581,"sku":"NP9781118898901","price":52.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118898901.jpg?v=1761785696","url":"https:\/\/k12savings.com\/products\/probabilities-isbn-9781118898901","provider":"K12savings","version":"1.0","type":"link"}