Art of Statistics by David Spiegelhalter, Chapter 1: Getting Things in Proportion: Categorical Data and Percentages

Data science provides powerful information that we can't have without it. The book starts out with a concrete example of that which illustrates how useful statistics can be in uncovering a truth. Two surgeons and ex-chief executive were found guilty of serious misconduct for performing a heart surgery for children in Bristol despite knowing that...

A Random Walk Down Wall Street by Burton G. Malkiel

Modern Portfolio Theory attributed to Harry Markowitz says that you can maximize your rate of return by amalgamating a portfolio of diverse stocks in such a way that the risk of the portfolio as a whole is less than that of the individual stocks in it. This is another way of diversifying your portfolio. For...

Alex’s Adventures in Numberland by Alex Bellos

This book is as close as it can get to a concise encyclopedia of mathematical concepts. The best way to introduce it would be to show the notes I made for each chapter. These are not necessarily the best concepts that are mentioned in each chapter but are those that I thought were most interesting...

How Not to Lie with Statistics by Darrell Huff

Be Careful of Half Truths and Statisticulations Something New I Learned I didn't know that the word "average" could mean two different things. I always thought that the word referred to the mean and not the median. But Huff writes that it could refer to the mean, median, or mode, and authors usually pick one...