The Signal and the Noise: Why So Many Predictions Fail - But Some Don't by Nate Silver (Summary)

The Signal and the Noise: Why So Many Predictions Fail - But Some Don't by Nate Silver (Summary)

The 30 Minute Expert Series / Nov 16, 2019

The Signal and the Noise Why So Many Predictions Fail But Some Don t by Nate Silver Summary The Signal and the Noise Minutes is the essential guide to quickly understanding the fundamental components of prediction outlined in Nate Silver s bestselling book The Signal and the Noise Why So

  • Title: The Signal and the Noise: Why So Many Predictions Fail - But Some Don't by Nate Silver (Summary)
  • Author: The 30 Minute Expert Series
  • ISBN: 9781623150525
  • Page: 153
  • Format: Paperback
  • The Signal and the Noise 30 Minutes is the essential guide to quickly understanding the fundamental components of prediction outlined in Nate Silver s bestselling book, The Signal and the Noise Why So Many Predictions Fail but Some Don t.Understand the key ideas behind The Signal and the Noise in a fraction of the time 13 chapter by chapter synopses 34 essentiaThe Signal and the Noise 30 Minutes is the essential guide to quickly understanding the fundamental components of prediction outlined in Nate Silver s bestselling book, The Signal and the Noise Why So Many Predictions Fail but Some Don t.Understand the key ideas behind The Signal and the Noise in a fraction of the time 13 chapter by chapter synopses 34 essential insights and takeaways 13 illustrative case studiesIn The Signal and the Noise bestselling author, political analyst, and statistician Nate Silver investigates the fundamentals of forecasting and answers why too much information can be misleading.Exploring a variety of fields, ranging from politics to poker to Wall Street and global warming, The Signal and the Noise explores why some forecasts are successful and, perhaps telling, why so many fail Silver posits that better forecasters possess a superior understanding of uncertainty and are driven by truth and humility while overconfidence can lead to failure.Presenting a framework for what constitutes a good forecast, The Signal and the Noise provides insight and tools for understanding how to successfully utilize Big Data and decipher meaningful signals from random noise.A 30 Minute Expert Summary of The Signal and the NoiseDesigned for those whose desire to learn exceeds the time they have available, The Signal and the Noise summary helps readers quickly and easily become experts 30 minutes.

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      Published :2019-08-27T00:11:10+00:00

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    712 Comments

    1. I read this book on my kindle and at 60 per cent competed, I thought, another 40 per cent to go? Haven’t I read enough about the “art and science of prediction”? I was happily surprised to move to the next page and see a “concluding” section, followed by many pages of footnotes. That experience tells you something about my ambivalent reaction to this book.The book is interesting enough, though, and I learned a good deal about how we attempt to predict the future, a concern that all of [...]


    2. This condensation of Nate Silver's book helps bring the author's views on statistics and political prediction to a larger audience. Instead of trying to pick out tips from a full-length book, those who want to glean from the text advice on predicting markets or politics can find everything neatly summed up at the end of each chapter. However, it also keeps the author's own words and explanations wherever possible, so you can understand things the way he wants you to. I found the summary to be in [...]


    3. Nothing but the facts is all you will get with this extensive blow by blow of Nate Silver's book. The Signal and the Noise in 30 Minutes breaks down the brain bending world of political and economic forecasting without spending $40,000 on a degree. From Hedgehogs to Foxes, to Moneyball, each metaphor of style and wit brings you closer to understanding. A fun, quick read and a perfect stocking stuffer for novice and enthusiasts alike.


    4. Short. Succinct. But the OCD in me can't help thinking that maybe a few things were left out. Still, it's short and it even has a summary section on all chapters. Makes one wonder why anyone writes long books anymore when it can be distilled. In short, be a fox not a hedgehog and always examine your personal biases lest it affects your decisions. The numbers don't lie but the numbers reader could read them wrong.


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