What are the odds?: chance in everyday life

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Edition: illustrated edition

ISBN: 0716735601, 9780716735601

Size: 961 kB (983786 bytes)

Pages: 161/161

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Mike Orkin0716735601, 9780716735601

Did you know that if you drive ten miles to buy a Powerball ticket, you’re sixteen times more likely to die in a car crash than you are to win the jackpot? Or that, while it is nearly impossible for a coin to land on heads one hundred times in a row, it is equally improbable for any other specific sequence to come up? As Orkin’s Law of Absurdity states, “Everything is impossible, yet something must happen.”
Full of surprising facts and useful information, What Are the Odds? is a delightful introduction to how chance works and the role it plays in our everyday lives. It answers such practical questions as:
* When is a weird event due to chance and when is it due to something else?
* Can you make a living as a gambler? If so, which games should you play?
* Are some things possible, but so unlikely that they will never happen?
* Should “Survival of the Fittest” apply to business?
* How do you determine which strategy to use when you have no ideas what your opponent will do?
* How can you be cooperative without being exploited?
A fun guide to the principles that govern chance and the games people play, whether in a casino or in everyday life, What Are the Odds? is guaranteed to entertain and enlighten anyone interested in the nature of chance. 75 illustrations.

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