Fi had a plastic T-Rex dinosaur and we used to have it crawling around on its belly as it dragged itself to dolls for a feed. Like I said, if it is true as is reported in this book that some wine critics were outraged that someone could say they knew years ahead of time if a vintage was going to be exceptional, it seems very silly of them to do so.
If the summer has not been hot enough it is reasonable to think that the grapes may not become ripe enough, the amount of rain will probably also have an effect on the grapes. The medical community uses randomization extensively in the testing of new pharmaceuticals.
For example, Freakonomics showed that there was a relationship between abortion rates in one decade and dropping crime rates a couple of decades later. The formula is secret, but unbelievably accurate, and several studios are quietly using their services. Larry Katz, a former chief economist for the Labor Department, found that by providing job search assistance to the out-of-work, people found jobs faster and the federal government could reduce payment of unemployment benefits by two billion dollars.
There were parts of that book that I found truly fascinating. All the same, there were a number of things I learnt from this book and it was worth reading for its interestingly simply method of explaining regression and standard deviations.
The folks at Epagogix have come up with a number of components in a script that they have "weighted" and applied certain dollar amounts to. There are very interesting discussions in this book on data mining, data warehousing and corporate manipulation of customers that, even though the author did not feel were all that bad, ought to be read so that you have an idea of what is being done to squeeze money out of you.
Let me try to sum it up for you. Capital One uses regression to determine what interest rate might tempt you into accepting an offer. Based on computer algorithms, Netflix recommends us movies and eHarmony recommends a mate. Super Crunchers From WikiSummaries, free book summaries Intuition in business is great but our decision-making can be enhanced by analyzing information.
The most useful message to come from this book is that we should all be afraid when a corporation is being nice to us — it almost invariably means we are paying too much for the service they are providing us.
An article I had read somewhere explained this in fascinating detail. My point is that the presentation of this stuff as simply objective truth is a bit dangerous — not least because we humans particularly we boy humans just love numbers, especially either big numbers or numbers with decimal points.
The discussion of this campa The best of this one is his discussion of thelives campaign http: The most disgusting lesson presented here is that if you are black or female in America and you need a new car then you really ought to think about becoming white and male.
Not everyone is jumping on board though. The Internet radio service Pandora brings in musicians to analyze music so that when you pick a favorite artist on their site, they can play tunes that match your taste. All of this is based on custom formulas and using a mathematical tool called regression to make predictions.
You see, T-Rex was cold blooded and big — so he was going to be at a disadvantage in having the energy needed to do the whole Jurassic Park thing. One tool Ayres talks about is randomization. Except, of course, that was before they worked out dinosaurs were less like lizards and more like birds.Review of Super Crunchers by Ian Ayers Abstract Ayers, mint-body.com Crunchers: Why Thinking-by-Numbers Is the New Way to be Smart.
(Bantam Dell Publishing Group, ). pp. Hard cover $25 ISBN Super Cruncherstells the story of how analyzing data is changing the ways in which decisions are mint-body.com in the National.
Chapter 1 Summary Chapter 1 Business Now: Change is the Only Constant Ch. 1 Part 1/3 In today’s fast-paced business environment, change is the only constant. And the most successful firms have figured out how to embrace change. The must-read summary of Ian Ayres' book: "Super Crunchers: Why Thinking-By-Numbers Is the New Way to Be Smart".This complete summary of the ideas from IanBook Edition: Businessnews Publishing.
Super Crunchers has 5, ratings and reviews. Garrett said: Be prepared to encounter the words supercrunch (used as any part of speech) and nano- /5.
Essays - largest database of quality sample essays and research papers on Super Crunchers Chapter Summarys. Super Crunchers From WikiSummaries, free book summaries. Intuition in business is great but our decision-making can be enhanced by analyzing information. Super Crunchers is one of those books that exposes how technology and data can and does affect your day-to-day.Download