Calculated Risks

Calculated Risks

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SUMMARY:

At the beginning of the twentieth century, H. G. Wells predicted that statistical thinking would be as necessary for citizenship in a technological world as the ability to read and write. But in the twenty-first century, we are often overwhelmed by a baffling array of percentages and probabilities as we try to navigate in a world dominated by statistics. Cognitive scientist Gerd Gigerenzer says that because we haven't learned statistical thinking, we don't understand risk and uncertainty. In order to assess risk -- everything from the risk of an automobile accident to the certainty or uncertainty of some common medical screening tests -- we need a basic understanding of statistics. Astonishingly, doctors and lawyers don't understand risk any better than anyone else. Gigerenzer reports a study in which doctors were told the results of breast cancer screenings and then were asked to explain the risks of contracting breast cancer to a woman who received a positive result from a screening. The actual risk was small because the test gives many false positives. But nearly every physician in the study overstated the risk. Yet many people will have to make important health decisions based on such information and the interpretation of that information by their doctors. Gigerenzer explains that a major obstacle to our understanding of numbers is that we live with an illusion of certainty. Many of us believe that HIV tests, DNA fingerprinting, and the growing number of genetic tests are absolutely certain. But even DNA evidence can produce spurious matches. We cling to our illusion of certainty because the medical industry, insurance companies, investment advisers, and election campaigns have become purveyors of certainty, marketing it like a commodity. To avoid confusion, says Gigerenzer, we should rely on more understandable representations of risk, such as absolute risks. For example, it is said that a mammography screening reduces the risk of breast cancer by 25 percent. But in absolute risks, that means that out of every 1,000 women who do not participate in screening, 4 will die; while out of 1,000 women who do, 3 will die. A 25 percent risk reduction sounds much more significant than a benefit that 1 out of 1,000 women will reap. This eye-opening book explains how we can overcome our ignorance of numbers and better understand the risks we may be taking with our money, our health, and our lives.

Details :

Genre : Social Science
Author by : Gerd Gigerenzer
Publisher : Simon and Schuster
Release : 2015-11-10
File : 288 Pages
ISBN-13 : 9781439127094


A Calculated Risk

A Calculated Risk

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SUMMARY:

A female financial whiz plans the perfect bank heist in this “high-tech, high-stakes” thriller from the #1 international-bestselling author of The Eight (The Washington Post). Verity Banks is the one of the most powerful women in finance, but she still reports to a man. Her boss not only refuses to implement her security plan to safeguard customers’ deposits, he also sabotages her shot at becoming director of security at the Federal Reserve. Outraged, Verity decides to take revenge by hitting her boss where it will hurt the most: right in his company’s balance sheet. She is about to begin her assault when she hears from the last person she ever expected to see again, Zoltan Tor. A brilliant computer scientist who taught Verity everything she knows, Zoltan will help her if she agrees to an outlandish wager: Which of them can steal $1 billion, invest it to make $30 million in three months, and return it before anyone notices? Verity can use a computer; Zoltan will do it the old-fashioned way. To beat Zoltan at his own game, Verity will risk her fortune, her professional reputation—and her life. This ebook features an illustrated biography of Katherine Neville including rare images from her life and travels.

Details :

Genre : Fiction
Author by : Katherine Neville
Publisher : Open Road Media
Release : 2015-07-21
File : 401 Pages
ISBN-13 : 9781504013680


Calculated Risks

Calculated Risks

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SUMMARY:

The tenth book in the fast-paced InCryptid urban fantasy series returns to the mishaps of the Price family, eccentric cryptozoologists who safeguard the world of magical creatures living in secret among humans. Just when Sarah Zellaby, adopted Price cousin and telepathic ambush predator, thought that things couldn't get worse, she's had to go and prove herself wrong. After being kidnapped and manipulated by her birth family, she has undergone a transformation called an instar, reaching back to her Apocritic origins to metamorphize. While externally the same, she is internally much more powerful, and much more difficult to control. Even by herself. After years of denial, the fact that she will always be a cuckoo has become impossible to deny. Now stranded in another dimension with a handful of allies who seem to have no idea who she is--including her cousin Annie and her maybe-boyfriend Artie, both of whom have forgotten their relationship--and a bunch of cuckoos with good reason to want her dead, Sarah must figure out not only how to contend with her situation, but with the new realities of her future. What is she now? Who is she now? Is that person someone she can live with? And when all is said and done, will she be able to get the people she loves, whether or not they've forgotten her, safely home?

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Genre : Fiction
Author by : Seanan McGuire
Publisher : Penguin
Release : 2021-02-23
File : 448 Pages
ISBN-13 : 9780756411824


Calculated Risk

Calculated Risk

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SUMMARY:

She thought she was finally safe, But her past won’t let her go. Sheriff’s deputy Tanner Dempsey is just doing his job when he stops a shoplifter trying to steal diapers and formula. But something about this frightened young woman makes him want to do more. Bree Daniels is grateful for Tanner’s help, but there’s so much she can never tell him… The truth is dangerous to everyone she lets into her life—and could be lethal to Tanner.

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Genre : Fiction
Author by : Janie Crouch
Publisher : Harlequin
Release : 2019-07-01
File : 256 Pages
ISBN-13 : 9781488045936


Calculated Risk

Calculated Risk

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SUMMARY:

Unlike other American astronauts, Virgil I. "Gus" Grissom never had the chance to publish his memoirs—save for an account of his role in the Gemini program—before the tragic launch pad fire on January 27, 1967, which took his life and those of Edward White and Roger Chaffee. The international prestige of winning the Moon Race cannot be understated, and Grissom played a pivotal and enduring role in securing that legacy for the United States. Indeed, Grissom was first and foremost a Cold Warrior, a member of the first group of Mercury astronauts whose goal it was to beat the Soviet Union to the moon. Drawing on extensive interviews with fellow astronauts, NASA engineers, family members, and friends of Gus Grissom, George Leopold delivers a comprehensive survey of Grissom’s life that places his career in the context of the Cold War and the history of human spaceflight. Calculated Risk: The Supersonic Life and Times of Gus Grissom adds significantly to our understanding of that tumultuous period in American history. --Publisher

Details :

Genre : Biography & Autobiography
Author by : George Leopold
Publisher : Purdue University Press
Release : 2016
File : 378 Pages
ISBN-13 : 9781557537454


Calculated Risks

Calculated Risks

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SUMMARY:

Safeguarding economic prosperity, whilst protecting human health and the environment, is at the forefront of scientific and public interest. This book provides a practical and balanced view on toxicology, control, risk assessment and risk management, addressing the interplay between science and public health policy. This revised edition provides a detailed analysis on chemical and by-product exposure, how they enter the body and the suitability of imposed safety limits. Chapters on dose, with particular emphasis on children and vulnerable subpopulations, reproductive and developmental toxicants and toxicity testing are included. With updated and comprehensive coverage of international developments of risk management and safety, this will have broad appeal to researchers and professionals involved in chemical safety and regulation as well as the general reader interested in environmental pollution and public health.

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Genre : Science
Author by : Joseph V. Rodricks
Publisher : Cambridge University Press
Release : 2006-11-23
File : 358 Pages
ISBN-13 : 9781139459518


Calculated Risk

Calculated Risk

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SUMMARY:

After getting her life right where she wanted it, ex-US national 2nd place climber Leslie McAllister gets pushed out of her comfort zone when the company she works for is sold and she's asked to accept a new position in Boston. CJ Broadmore needs to learn to climb and fast if she wants a position doing stunt work on a new film. Fighting her family's push, she wants to find her own way and Leslie just may be her ticket to the goal she's been driving toward. Can they work together to achieve what they both want?

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Genre : Fiction
Author by : Katherine Rupley
Publisher : Bella Books
Release : 2021-09-21
File : Pages
ISBN-13 : 1642472662


Calculated Risk

Calculated Risk

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SUMMARY:

When John Dunlop gives Judy Scott a lift to Glencoe on his motorbike, both are surprised when a relationship develops. But for John all passions must be relegated to the demands of the big climb.

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Genre :
Author by : Dougal Haston
Publisher : Bton Wicks Publications
Release : 2006-03-20
File : 192 Pages
ISBN-13 : 1898573662


Calculated Risk

Calculated Risk

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SUMMARY:

How does an entrepreneur take any idea and turn it into a profitable venture? What do investors look for when evaluating start-ups? These two important questions are answered in a new book by one of America's top traders, Michael J. Palumbo, called Calculated Risk: The Modern Entrepreneur's Handbook. The book helps founders and executives navigate today's business climate from idea conception through funding, expansion, and exiting. Calculated Risk provides an insider's perspective from someone in the know. Palumbo started a prop trading group in Chicago that turned into a highly successful U.S. stock options business, a firm that was one of the largest equity options trading groups in the country in the late 1990's and early 2000's. Palumbo's book reveals the following: * How to launch an idea from concept to funding. * How to best hire and build a start-up - right until you exit. * What venture capitalists look for in a start-up -and why it is not always profitability. * What start-ups should look for from their investors - it is not always about the money. * Why the best entrepreneurs are the ones who can predict what people will need before they even know they in fact need it. * How some entrepreneurs can gain an edge over their competition. Palumbo has a tell-it-like-it-is approach to revealing insights in the marketplace on how things will shake out. Offering a voice of experience and vision, Palumbo not only explains why something is happening in the markets, but also reveals why something will happen.

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Genre :
Author by : Michael Palumbo
Publisher :
Release : 2016-03-30
File : 164 Pages
ISBN-13 : 0997459506


Calculated Risk

Calculated Risk

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SUMMARY:

Famous for leading the Tokyo Raid, America's first strike against Japan in World War II, Jimmy Doolittle led a remarkable life as an American pilot. This firsthand account by his granddaughter reveals an extraordinary individual—a scientist with a doctorate in aeronautical engineering from MIT, an aviation pioneer who was the first to fly across the United States in less than 24 hours and the first to fly “blind” (using only his plane’s instruments), a barnstormer well known for aerobatics, a popular racing pilot who won every major air race at least once, recipient of both the Congressional Medal of Honor and Presidential Medal of Freedom, a four-star general, and commander of both the 8th, 12th and 15th Air Forces. This memoir provides insights into the public and private world of Jimmy Doolittle and his family and sheds light on the drives and motivation of one of America's most influential and ambitious aviators.

Details :

Genre : Biography & Autobiography
Author by : Jonna Doolittle Hoppes
Publisher : Santa Monica Press
Release : 2005-03-01
File : 334 Pages
ISBN-13 : 9781595809155