Steven D. Levitt & Stephen J. Dubner's "Freakonomics: A Rogue Economist Explores the Hidden Side of Everything" is the cult bestseller that will show you a totally new way of seeing the world. What do estate agents and the Ku Klux Klan have in ...
common? Why do drug dealers live with their mothers? What do schoolteachers and sumo wrestlers have in common? How can your name affect how well you do in life? The answer: "Freakonomics". It's at the heart of everything we do and the things that affect us daily, from sex to crime, parenting to politics, fat to cheating, fear to traffic jams. And it's all about using information about the world around us to get to the heart of what's really happening under the surface of everyday life. Now updated with the authors' "New York Times" columns and blog entries! "A phenomenon". ("Observer"). "Non-stop fun". ("Evening Standard"). "Brilliant ...you'll be stimulated, provoked and entertained. Of how many books can that be said?" "Sunday Telegraph". Steven Levitt, the man with 'the most interesting mind in America' (Malcolm Gladwell), is the rogue economist whose controversial ideas have caused a sensation on both sides of the Atlantic. In "Freakonomics" he joins forces with Stephen Dubner, "New York Times" and "New Yorker" journalist and bestselling author of "Turbulent Souls" and "Confessions of a Hero Worshipper", to create a gripping, revolutionary new take on the world.
It has some interesting points but you don't need more than 25 pages for them. It might be interesting for people from USA. Not to mention the lack of accuracy at some points, I even doubt some conclusions they offer are right.
I picked this book up when I walked by a bookstore by chance. I wondered how the author, Dr. Steven Levitt, explained some social phenomenon by economics. This book gave me another point of view, although I don't think that it is an absolutely right
I found the ideas interesting enough and easy enough to follow - not exactly taxing reading, but worth taking a look at and it makes you think a little about the way the world is. Bathroom/holiday reading stuff with the added extra of giving the
..." impression you might be reading something worthwhile!Continua...Nascondi
For a team that has a 35 percent chance of winning each game, the chance of losing its next 19 games is about one in 4,000.[...]It takes about 12 or 13 years for these two bad teams to have a total of 4,000 chances for a 19-game losing streak.
The chance of losing a game is then 1 - 0.35 = 0.65.
IF we assume that each game's outcome is independent from the others (as in repeated coin tosses), then the probability of losing 19 consecutive games is 0.65^19 = 0.0002788. It's comparable to 1/4000 = 0.00025, but it's actually approx. 1/3586.
With 324 games per year, it would take (3586/324) = 11.07 years, approx. 11 years and 26 days. Not exactly 12 or 13 years.
Anyway, all the above is dependent on the independent events assumption - if you believe or can prove that!