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Taking Chances John Haigh (Reader in Mathematics and Statistics, University of Sussex)

Taking Chances By John Haigh (Reader in Mathematics and Statistics, University of Sussex)

Summary

What are the odds against winning the Lottery, making money in a casino, or backing the right horse? Every day, people make judgements on these matters, yet many of us are ignorant of how probability works. This exploration reveals traps and fallacies in the field, describing and analysing a variety of situations where chance plays a role

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Taking Chances Summary

Taking Chances: Winning with Probability by John Haigh (Reader in Mathematics and Statistics, University of Sussex)

What are the odds against winning the Lottery, making money in a casino, or backing the right horse? Every day, people make judgements on these matters and face other decisions that rest on their understanding of probability: buying insurance, following medical advice, carrying an umbrella. Yet many of us have a frightening ignorance of how probability works. Taking Chances presents an entertaining and fascinating exploration of probability, revealing traps and fallacies in the field. It describes and analyses a remarkable variety of situations where chance plays a role, including football pools, the Lottery, TV games, sport, cards, roulette, coins, and dice. The book guides the reader round common pitfalls, demonstrates how to make better informed decisions, and shows where the odds can be unexpectedly in your favour. This new edition has been fully updated, and includes information on Who Wants to be a Millionaire? and The Weakest Link, plus a new chapter on Probability for Lawyers.

Taking Chances Reviews

Review from previous edition 'the volume is ideally suited for readers with virtually no training in mathematics, but who are curious about how actually to assess the odds of things like winning a single game at lawn tennis or on which hands in poker one should raise . . . This is a book to ponder, savour, study - and give to your mathematically illiterate friends' * The Times Higher Education Supplement *
'(an) impressively comprehensive new book on the wonders of probability' * The Sunday Telegraph *

About John Haigh (Reader in Mathematics and Statistics, University of Sussex)

John Haigh is Reader in Statistics at the University of Sussex. His interest in probability was awakened by various card games, and he has made a particular study of lotteries, cards, and dice.

Table of Contents

1. What is probability? ; 2. Lotteries ; 3. Football Pools, Premium Bonds ; 4. One coin, many games ; 5. Dice ; 6. Games with few choices ; 7. Waiting, waiting, waiting ; 8. Let's play best of three ; 9. TV games ; 10. Casino games ; 11. Bookies, the Tote, spread betting ; 12. This sporting life ; 13. Lucky for some-miscellenea ; 14. Probability for lawyers ; Appendix I: Counting ; Appendix II: Probability ; Appendix III: Averages and variability ; Appendix IV: Goodness-of-fit tests ; Appendix V: The Kelly strategy ; Solutions to Test Yourself quizzes ; Literature cited ; Index

Additional information

CIN0198526636VG
9780198526636
0198526636
Taking Chances: Winning with Probability by John Haigh (Reader in Mathematics and Statistics, University of Sussex)
Used - Very Good
Paperback
Oxford University Press
20030508
388
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Taking Chances