Category Archives: Statistics

The Signal and the Noise

I recently read Nate Silver’s popular book, The Signal and the Noise. He’s the guy who correctly predicted the winner of the election in all fifty states. The book is about how people have attempted to predict various things – … Continue reading

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Roulette

It’s hard for me to justify playing roulette in the casino. Every single bet you can make on a standard, American roulette table (OK, except for the weird 0-00-1-2-3 bet) carries the same house edge, 5.26%, which is terrible. But … Continue reading

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The 1-3-2-6 Betting Strategy

I recently learned about a new betting strategy for blackjack, called 1-3-2-6. I’m not a big blackjack player, since my money seems to evaporate so quickly in that game, but I like learning about new gambling strategies. So for this … Continue reading

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False Positives

Back when I was a statistics major in college, in probability class, we talked about false positives. I found the results vaguely disturbing, even though issues with false positives haven’t personally affected me. At least not yet. The question is … Continue reading

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