I bet on a horse, that's gambling. I bet you can make three spades, that's entertainment. I bet cotton will go up 3 points, that's business. See the difference?

Archive for May, 2008

Temperature Rising (epilog)

Monday, May 5th, 2008 Posted in Graphics, Politics, Public Interest, Science | 10 Comments »

My colleague, Peter Cebon, has sent me the graphic below which shows a time series of temperature, CO2 and sea levels. It is actually a pretty good graphic. While it ... Read more..

The Full Monty (Hall)

Thursday, May 1st, 2008 Posted in Cognition, Health Science, Probability, Research/Theory | 8 Comments »

The Monty Hall problem is a terrific little example of how intuition, especially the intuition of those trained in statistics, can go horribly wrong. It appears from recent calculations of ... Read more..