NewIntroducing our latest innovation: Library Book - the ultimate companion for book lovers! Explore endless reading possibilities today! Check it out

Write Sign In
Library BookLibrary Book
Write
Sign In
Member-only story

When Math Goes Wrong In The Real World: Uncovering the Flaws and Deceptions That Lead to Catastrophic Consequences

Jese Leos
·19.4k Followers· Follow
Published in Humble Pi: When Math Goes Wrong In The Real World
4 min read ·
36 View Claps
9 Respond
Save
Listen
Share

Mathematics is often seen as a precise and infallible science, but as this book reveals, that is far from the truth. In fact, math can be surprisingly flawed and deceptive, and its misuse can have catastrophic consequences in the real world.

Humble Pi: When Math Goes Wrong in the Real World
Humble Pi: When Math Goes Wrong in the Real World
by Matt Parker

4.6 out of 5

Language : English
File size : 47559 KB
Text-to-Speech : Enabled
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Enabled
Word Wise : Enabled
Print length : 336 pages

The author, a mathematician and former Wall Street quant, provides numerous examples of how math has gone wrong in the real world, from the collapse of the subprime mortgage market to the failure of the Fukushima nuclear power plant. He shows how even the most seemingly innocuous mathematical models can be flawed, and how these flaws can lead to disastrous results.

The book is not just a litany of mathematical disasters, however. It also provides a framework for understanding how math can go wrong, and how to avoid its pitfalls. The author offers clear and concise explanations of complex mathematical concepts, and he shows how to identify and correct common mathematical errors.

This book is a must-read for anyone who wants to understand the hidden dangers of mathematics and how to avoid its pitfalls. It is a fascinating exploration of the intersection of math and the real world, and it will challenge your assumptions about the power and precision of mathematics.

Here are some examples of how math has gone wrong in the real world:

  • In 1987, a mathematical error in a trading program caused the Dow Jones Industrial Average to plunge 508 points in a single day.
  • In 2008, the collapse of the subprime mortgage market was caused in part by flawed mathematical models that underestimated the risk of default.
  • In 2011, the failure of the Fukushima nuclear power plant was caused by a mathematical error that underestimated the risk of a tsunami.

These are just a few examples of the many ways that math can go wrong in the real world. It is important to be aware of these dangers and to take steps to avoid them.

How to avoid the pitfalls of math

There are a number of things you can do to avoid the pitfalls of math and ensure that you are using it correctly. Here are a few tips:

  • Be skeptical of mathematical models.
  • Understand the assumptions that underlie mathematical models.
  • Test mathematical models against real-world data.
  • Use multiple mathematical models to get a more complete picture.
  • Get help from a mathematician if you are unsure about how to use math.

By following these tips, you can help to ensure that you are using math correctly and avoiding its pitfalls.

Math is a powerful tool, but it is important to be aware of its limitations. When used correctly, math can help us to understand the world around us and make better decisions. However, when used incorrectly, math can lead to disastrous consequences.

This book is a valuable resource for anyone who wants to understand the hidden dangers of mathematics and how to avoid its pitfalls. It is a fascinating exploration of the intersection of math and the real world, and it will challenge your assumptions about the power and precision of mathematics.

Humble Pi: When Math Goes Wrong in the Real World
Humble Pi: When Math Goes Wrong in the Real World
by Matt Parker

4.6 out of 5

Language : English
File size : 47559 KB
Text-to-Speech : Enabled
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Enabled
Word Wise : Enabled
Print length : 336 pages
Create an account to read the full story.
The author made this story available to Library Book members only.
If you’re new to Library Book, create a new account to read this story on us.
Already have an account? Sign in
36 View Claps
9 Respond
Save
Listen
Share

Light bulbAdvertise smarter! Our strategic ad space ensures maximum exposure. Reserve your spot today!

Good Author
  • Aleksandr Pushkin profile picture
    Aleksandr Pushkin
    Follow ·12.6k
  • Hunter Mitchell profile picture
    Hunter Mitchell
    Follow ·15.2k
  • Johnny Turner profile picture
    Johnny Turner
    Follow ·13.3k
  • Martin Cox profile picture
    Martin Cox
    Follow ·8.2k
  • Stephen King profile picture
    Stephen King
    Follow ·18.1k
  • Todd Turner profile picture
    Todd Turner
    Follow ·15k
  • Bo Cox profile picture
    Bo Cox
    Follow ·9.7k
  • Neal Ward profile picture
    Neal Ward
    Follow ·9.9k
Recommended from Library Book
The Midnight Line: A Jack Reacher Novel
Clarence Brooks profile pictureClarence Brooks

Uncover the Secrets in the Dead of Night: Dive into Lee...

Step into the heart-stopping world of Jack...

·4 min read
549 View Claps
40 Respond
Last Minute GMAT Grammar: Proven Techniques To Increase Your Sentence Correction Score Overnight (GMAT Guides 3)
Clay Powell profile pictureClay Powell
·4 min read
346 View Claps
25 Respond
The All Together Quilt Lizzy Rockwell
Salman Rushdie profile pictureSalman Rushdie

Embark on a Heartwarming Journey with "The All Together...

: Immerse yourself in the charming world of...

·4 min read
422 View Claps
22 Respond
Nature Connections: Spring Magic A Stunningly Illustrated Fun For Kids To Rediscover Nature With The Help Of A Mischievous Plant Fairy
Dawson Reed profile pictureDawson Reed

Spring Magic: Stunningly Illustrated Fun for Kids to...

Welcome to the Enchanting World of...

·4 min read
177 View Claps
20 Respond
Gone Tomorrow: A Jack Reacher Novel
Bradley Dixon profile pictureBradley Dixon

Gone Tomorrow: A Gripping Thriller by Lee Child that Will...

In the literary realm of thrillers, few...

·4 min read
385 View Claps
21 Respond
Pass Your Hawaii CDL Test Guaranteed 100 Most Common Hawaii Commercial Driver S License With Real Practice Questions
Curtis Stewart profile pictureCurtis Stewart
·5 min read
258 View Claps
41 Respond
The book was found!
Humble Pi: When Math Goes Wrong in the Real World
Humble Pi: When Math Goes Wrong in the Real World
by Matt Parker

4.6 out of 5

Language : English
File size : 47559 KB
Text-to-Speech : Enabled
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Enabled
Word Wise : Enabled
Print length : 336 pages
Sign up for our newsletter and stay up to date!

By subscribing to our newsletter, you'll receive valuable content straight to your inbox, including informative articles, helpful tips, product launches, and exciting promotions.

By subscribing, you agree with our Privacy Policy.


© 2024 Library Book™ is a registered trademark. All Rights Reserved.