August 21, 2014
My favorite book title of 2014
That's it above.
From Jennifer Oullette's August 3 New York Times Book Review review: "Extraordinarily rare events are actually commonplace, and there are rational reasons why. He [author David J. Hand] boils it down to a handful of laws: the Law of Inevitability (something must happen); the Law of Truly Large Numbers (given enough opportunities, unlikely things will happen); the Law of Selection (we paint targets after the arrows have hit); the Law of the Probability Lever (even a tiny change in a variable can have a big impact on the probability of an event); and the Law of Near Enough (things that are sufficiently similar are treated as if they are identical)."
August 21, 2014 at 08:01 PM | Permalink