
The Signal and the Noise
The Art and Science of Prediction
by Nate Silver
This title was previously available on NetGalley and is now archived.
Send NetGalley books directly to your Kindle or Kindle app
1
To read on a Kindle or Kindle app, please add kindle@netgalley.com as an approved email address to receive files in your Amazon account. Click here for step-by-step instructions.
2
Also find your Kindle email address within your Amazon account, and enter it here.
Pub Date Oct 23 2012 | Archive Date Dec 04 2012
Penguin Books Australia | Allen Lane
Description
Every time we choose a route to work, decide whether to go on a second date, or set aside money for a rainy day, we are making a prediction about the future. Yet from the global financial crisis to 9/11 to the Fukushima disaster, we routinely fail to foresee hugely significant events, often at great cost to society. In The Signal and the Noise, the New York Times political forecaster Nate Silver explores the art of prediction, revealing how we can all develop better foresight in an unpredictable world.
In his quest to build a more accurate crystal ball, Silver visits hundreds of expert forecasters in a range of areas, from the stock market to the poker table, from earthquakes to the economy, and studies what lies behind their success. What can we learn from their techniques? What patterns have they uncovered? And in a world of Big Data, are we getting any closer to the truth? As Silver discovers, most predictions fail because humans are wired to detect patterns, and we often mistake noisy data for a signal.
By analysing the rare prescient forecasts, and applying a more quantitative lens to everyday life, Silver distils the essential lessons of prediction, from the importance of embracing uncertainty to the need to think small. In the course of his investigation, Silver discovers unexpected patterns and connections, such as what earthquake detection can teach us about terrorist attacks, and how the insights of an 18th century English mathematician help unlock the 21st century challenges of global warming and disease.
In this enthralling insider's tour of the high-stakes world of forecasting, Nate Silver reveals how we can all learn to make better predictions in our own lives.
A Note From the Publisher
Only AUSTRALIAN media, bloggers, educators and booksellers will be granted access to titles published by Penguin Books Australia.
Available Editions
EDITION | Paperback |
ISBN | 9781846147739 |
PRICE | A$29.99 (AUD) |
PAGES | 352 |