WHAT THE NUMBERS SAY by Niederman, Derrick

WHAT THE NUMBERS SAY
by Niederman, Derrick
Order 513403...$14.95
Today, society is churning out more numbers than ever before in the form of spreadsheets, survey results, just the numbers on the sports pages. Unfortunately, people's ability to understand and analyze numbers isn't keeping pace with today's whizzing data streams. This book offers remedies for the problem. Through a series of witty discussions the authors introduce original quantitative concepts, skills, and habits that reduce even the most daunting numerical challenges to simple, bite-sized pieces. Why do the nutritional values on a Cheerios box appear different in Canada than in the U.S.? How is it that top-performing mutual funds often lost money for the majority of their shareholders? Why was the scoring system for Olympic figure skating doomed even without biased judges? How do you convert chance to probability? By anchoring their discussions in real-world scenarios, Derrick Niederman and David Boyum show that skilled quantitative thinking involves old-fashioned logic, not advanced mathematical tools. 277 pages, indexed, paperbound, 2005.

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