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The Signal and the Noise

Why So Many Predictions Fail-but Some Don't
Summary:

The book explores the world of prediction, examining a wide range of fields including baseball, politics, weather, and economics to understand why some forecasts succeed and others fail. It delves into the science of probability and statistics, and how the understanding and misuse of these tools lead to the success or failure of predictive models.

Key points:

1. Signal and Noise: The book's title refers to the real pattern (signal) and random variation (noise) in data. Our predictive accuracy depends on distinguishing between the two.

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