Description
The Signal and the Noise: Why So Many Predictions Fail, But Some Don’t by Nate Silver is a nonfiction book about prediction, probability and the challenge of separating useful information from statistical noise. Silver examines how forecasts are made in fields where uncertainty is unavoidable, including economics, politics, weather, sports and other areas of public life.
Using examples such as financial markets, professional poker, hurricane forecasting and climate change, Silver explores why some predictions succeed while others fail. He looks at the role of data, models, probability and judgement, and considers how better forecasting can help us make more informed decisions in an uncertain world.
A good choice for readers interested in statistics, probability, forecasting, data analysis, economics and the ways people try to predict the future.
