31 December 2012

"The Signal and the Noise: Why so many predictions fail--but some don't" by Nate Silver

Though a long, dense read, Silver delves into the delightful world of data analysis with full force, sometimes barely slowing long enough to give a primer to the uninitiated. Topics range from the recent housing market crash to baseball. With each examination, Silver explain how data analysis function in the given field and work he has done in the field (if not to improve the analysis itself then to review the poor work of others).

Interesting tidbit: Statistical analysis today is based mostly on the work of a man named Fisher who (in 1959) was arguing that there was no correlation between smoking and lung cancer.

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