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Amazon Best Books of the Month, September 2012:People love statistics. Statistics, however, do not always love them back.The Signal and the Noise, Nate Silver's brilliant and elegant tour of the modern science-slash-art of forecasting, shows what happens when Big Data meets human nature. Baseball, weather forecasting, earthquake prediction, economics, and polling: In all of these areas, Silver finds predictions gone bad thanks to biases, vested interests, and overconfidence. But he also shows where sophisticated forecasters have gotten it right (and occasionally been ignored to boot). In today's metrics-saturated world, Silver's book is a timely and readable reminder that statistics are only as good as the people who wield them. --Darryl Campbell
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review by . May 20, 2013
Nate Silver is the current rock star of statistics and predictions based on the overwhelming accuracy of his forecasts in the 2012 election results. His book The Signal and the Noise: Why So Many Predictions Fail -- but Some Don't does a good job in explaining the fundamentals of statistics, probability, and predictions. If society understood these concepts, we'd spend far less time arguing from polarized positions "supported by facts"...      Contents:   …
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The Signal and the Noise: Why So Many Predictions Fail — but Some Don't
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