Category Archives: Probability

Review of Stigler (2016)

We just finished reading Stephen Stigler’s latest book The Seven Pillars of Statistical Wisdom (Harvard, 2016), pictured below. (Spoiler alert: Professor Stigler, a historian of statistics at the University of Chicago, summarizes the seven most revolutionary and counter-intuitive ideas in the history of statistics: … Continue reading

Posted in History, Probability | 1 Comment

The football coach who never punts …

Hat tip: Tyler Cowen, via Marginal Revolution. Addendum (18 Oct 2016): R.J. Lipton and K.W. Regan, who blog at Godel’s Lost Letter and P=NP, discuss the following theorem: Theorem 1 (Fundamental Theorem of Football?) The optimal strategy is initially always to go … Continue reading

Posted in Bayesian Reasoning, Probability, Questions Rarely Asked, Sports | 4 Comments

How are big box stores like Wells Fargo?

Lots of big box retailers like Walmart and Home Depot are ramping up their use of self-scanners in order to reduce their labor costs. That is, instead of waiting in a long line to have a cashier ring up your purchases, you can save … Continue reading

Posted in Bayesian Reasoning, Deception, Ethics, Game Theory, Law, Probability, Web/Tech | 5 Comments

Taxonomy of univariate distributions

 

Posted in Mathematics, Probability | 2 Comments

Cars kill more people than guns

Claudia Dreifus, a writer for the NY Times, recently interviewed Edward Humes, a Pulitzer Prize-winning journalist. The subject of the interview is Humes’s latest book (pictured below) on the deadly dangers of automobiles. The book is titled “Door to Door: The Magnificent, Maddening, Mysterious … Continue reading

Posted in Bayesian Reasoning, Ethics, Law, Probability | 4 Comments

Simple Explanation of the Monty Hall Problem

This is the simplest and fastest explanation of the Monty Hall Problem we have ever seen.

Posted in Bayesian Reasoning, Games, Probability | 4 Comments

Lon Fuller’s Speluncean Explorers

In our previous post, we mentioned Peter Suber’s beautiful book on Lon Fuller’s fictional “Case of the Speluncean Explorers.” By way of background, this hypothetical case occurs in the year 4300 A.D. in the Commonwealth of Newgarth. The relevant facts … Continue reading

Posted in Ethics, Law, Philosophy, Probability, Uncategorized | 1 Comment