These three laws, simple as they are, form much of the basis of probability theory. Properly applied, they can give us much insight into the workings of nature and the everyday world. – Leonard Mlodinow That quote is from Leonard Mlodinow’s book, The Drunkard’s Walk: How Randomness Rules Our Lives. The book contains examples as…
I’ve been doing some spring cleaning and stumbled upon one of my favorite University textbooks: Tversky and Kahneman’s “Judgement Under Uncertainty”. This book taught me the basics of probability, a ridiculously useful skill which I’ve relied on far more frequently than I ever would have imagined. A better understanding of probability can help us overcome…