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What the Numbers Say: The Indispensable Guide to Interpreting and Using Numerical Information in Aworld of Data Overload - Hardcover

 
9780767909983: What the Numbers Say: The Indispensable Guide to Interpreting and Using Numerical Information in Aworld of Data Overload

Synopsis

Offers a series of clear, comprehensible techniques to help readers understand, process, and calculate their way through the vast amount of quantitative data that exists, presenting a series of real-world situatons, ranging from stock market probability and interest rate percentages to political polls and sports scoring.

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About the Author

DERRICK NIEDERMAN is a financial writer and a senior contributing editor at Worth magazine. His previous books include The Inner Game of Investing,A Killing on Wall Street, and several volumes of math puzzles. He received his B.A. from Yale and his Ph.D. from MIT, both in mathematics. He lives in Needham, Massachusetts.

DAVID BOYUM is an independent consultant whose clients have included major corporations, government agencies, law firms, and private investors. He received his A.B. in applied mathematics and Ph.D. in public policy from Harvard. He lives in New York City with his wife and two children.

From the Inside Flap

is churning out more numbers than ever before, whether in the form of spreadsheets, brokerage statements, survey results, or just the numbers on the sports pages. Unfortunately, people s ability to understand and analyze numbers isn t keeping pace with today s whizzing data streams. And the benefits of living in the Information Age are available only to those who can process the information in front of them.

What the Numbers Say offers remedies to this national problem. Through a series of witty and engaging discussions, the authors introduce original quantitative concepts, skills, and habits that reduce even the most daunting numerical challenges to simple, bite-sized pieces. Why do the nutritional values on a Cheerios box appear different in Canada than in the U.S.? How is it that top-performing mutual funds often lose money for the majority of their shareholders? Why was the scoring system for Olympic figure skating doomed even without biased judges

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