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Item Details
Title: THE SIGNAL AND THE NOISE
THE ART AND SCIENCE OF PREDICTION
By: Nate Silver
Format: Hardback

List price: £25.00


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ISBN 10: 1846147522
ISBN 13: 9781846147524
Publisher: PENGUIN BOOKS LTD
Pub. date: 27 September, 2012
Pages: 544
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. In this book, the author explores the art of prediction, revealing how we can all build a better crystal ball. He reveals how we can all develop better foresight in our everyday lives.
Synopsis: 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 often fail to foresee hugely significant events. In "The Signal and the Noise", the "New York Times'" political forecaster and statistics guru Nate Silver explores the art of prediction, revealing how we can all build a better crystal ball. In his quest to distinguish the true signal from a universe of noisy data, Silver visits hundreds of expert forecasters, in fields ranging from the stock market to the poker table, from earthquakes to terrorism. What lies behind their success? And why do so many predictions still fail? By analysing the rare prescient forecasts, and applying a more quantitative lens to everyday life, Silver distils the essential lessons of prediction. We live in an increasingly data-driven world, but it is harder than ever to detect the true patterns amid the noise of information. In this dazzling insider's tour of the world of forecasting, Silver reveals how we can all develop better foresight in our everyday lives.
Illustrations: Illustrations
Publication: UK
Imprint: Allen Lane
Returns: Returnable
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