
The Signal and the Noise
Why So Many Predictions Fail - but Some Don't
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Narrated by:
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Mike Chamberlain
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By:
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Nate Silver
About this listen
Updated for 2020 with a new Preface by Nate Silver.
Nate Silver built an innovative system for predicting baseball performance, predicted the 2008 election within a hair’s breadth, and became a national sensation as a blogger - all by the time he was 30. He solidified his standing as the nation's foremost political forecaster with his near perfect prediction of the 2012 election. Silver is the founder and editor in chief of the website FiveThirtyEight.
Drawing on his own groundbreaking work, Silver examines the world of prediction, investigating how we can distinguish a true signal from a universe of noisy data. Most predictions fail, often at great cost to society, because most of us have a poor understanding of probability and uncertainty. Both experts and laypeople mistake more confident predictions for more accurate ones. But overconfidence is often the reason for failure. If our appreciation of uncertainty improves, our predictions can get better too. This is the “prediction paradox”: The more humility we have about our ability to make predictions, the more successful we can be in planning for the future.
In keeping with his own aim to seek truth from data, Silver visits the most successful forecasters in a range of areas, from hurricanes to baseball to global pandemics, from the poker table to the stock market, from Capitol Hill to the NBA. He explains and evaluates how these forecasters think and what bonds they share. What lies behind their success? Are they good - or just lucky? What patterns have they unraveled? And are their forecasts really right? He explores unanticipated commonalities and exposes unexpected juxtapositions. And sometimes, it is not so much how good a prediction is in an absolute sense that matters but how good it is relative to the competition. In other cases, prediction is still a very rudimentary - and dangerous - science.
Silver observes that the most accurate forecasters tend to have a superior command of probability, and they tend to be both humble and hardworking. They distinguish the predictable from the unpredictable, and they notice a thousand little details that lead them closer to the truth. Because of their appreciation of probability, they can distinguish the signal from the noise.
With everything from the health of the global economy to our ability to fight terrorism dependent on the quality of our predictions, Nate Silver’s insights are an essential listen.
©2012 Nate Silver (P)2012 Penguin AudioListeners also enjoyed...
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Critic reviews
"One of the more momentous books of the decade." (The New York Times Book Review)
"Mr. Silver, just 34, is an expert at finding signal in noise.... Lively prose - from energetic to outraged...illustrates his dos and don’ts through a series of interesting essays that examine how predictions are made in fields including chess, baseball, weather forecasting, earthquake analysis and politics...[the] chapter on global warming is one of the most objective and honest analyses I’ve seen...even the noise makes for a good read." (New York Times)
"A serious treatise about the craft of prediction - without academic mathematics - cheerily aimed at lay readers. Silver's coverage is polymathic, ranging from poker and earthquakes to climate change and terrorism." (New York Review of Books)
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-
Story
Today we think statistics are the enemy, numbers used to mislead and confuse us. That’s a mistake, Tim Harford says in The Data Detective. We shouldn’t be suspicious of statistics - we need to understand what they mean and how they can improve our lives: they are, at heart, human behavior seen through the prism of numbers and are often “the only way of grasping much of what is going on around us”.
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I expected more
- By A. Visserman on 03-09-21
By: Tim Harford
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How Not to Be Wrong
- The Power of Mathematical Thinking
- By: Jordan Ellenberg
- Narrated by: Jordan Ellenberg
- Length: 13 hrs and 29 mins
- Unabridged
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Ellenberg chases mathematical threads through a vast range of time and space, from the everyday to the cosmic, encountering, among other things, baseball, Reaganomics, daring lottery schemes, Voltaire, the replicability crisis in psychology, Italian Renaissance painting, artificial languages, the development of non-Euclidean geometry, the coming obesity apocalypse, Antonin Scalia's views on crime and punishment, the psychology of slime molds, what Facebook can and can't figure out about you, and the existence of God.
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Great book but better in writing
- By Michael on 07-02-14
By: Jordan Ellenberg
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Bernoulli's Fallacy
- Statistical Illogic and the Crisis of Modern Science
- By: Aubrey Clayton
- Narrated by: Tim H. Dixon
- Length: 15 hrs and 14 mins
- Unabridged
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Aubrey Clayton traces the history of how statistics went astray, beginning with the groundbreaking work of the 17th-century mathematician Jacob Bernoulli and winding through gambling, astronomy, and genetics. Clayton recounts the feuds among rival schools of statistics, exploring the surprisingly human problems that gave rise to the discipline and the all-too-human shortcomings that derailed it.
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Rigorously Bayesian
- By Anonymous User on 01-25-22
By: Aubrey Clayton
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The Drunkard's Walk
- How Randomness Rules Our Lives
- By: Leonard Mlodinow
- Narrated by: Sean Pratt
- Length: 9 hrs and 19 mins
- Unabridged
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In this irreverent and illuminating audiobook, acclaimed writer and scientist Leonard Mlodinow shows us how randomness, chance, and probability reveal a tremendous amount about our daily lives, and how we misunderstand the significance of everything from a casual conversation to a major financial setback. As a result, successes and failures in life are often attributed to clear and obvious causes, when in actuality they are more profoundly influenced by chance.
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Interested in statistics? This is the book.
- By Robert on 02-21-14
By: Leonard Mlodinow
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Learn Game Theory
- A Primer to Strategic Thinking and Advanced Decision-Making (Strategic Thinking Skills, Book 1)
- By: Albert Rutherford
- Narrated by: Russell Newton
- Length: 3 hrs
- Unabridged
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Life is full of uncertainty. You don't know what lies ahead. But you can learn to control the controllable by using logic and reason. With the help of this book, you'll discover new ways to think about - and solve - problems more efficiently than ever before. Discover how strategic games model real-life behavior.
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Very poor narrating. Save your money/credit.
- By Brian on 06-24-24
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The Theory That Would Not Die
- How Bayes' Rule Cracked the Enigma Code, Hunted Down Russian Submarines, and Emerged Triumphant from Two Centuries of Controversy
- By: Sharon Bertsch McGrayne
- Narrated by: Laural Merlington
- Length: 11 hrs and 51 mins
- Unabridged
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Bayes' rule appears to be a straightforward, one-line theorem: by updating our initial beliefs with objective new information, we get a new and improved belief. To its adherents, it is an elegant statement about learning from experience. To its opponents, it is subjectivity run amok. Sharon Bertsch McGrayne here explores this controversial theorem and the human obsessions surrounding it.
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Who is the intended audience?
- By Billy on 07-21-14
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The Model Thinker
- What You Need to Know to Make Data Work for You
- By: Scott E. Page
- Narrated by: Jamie Renell
- Length: 15 hrs and 45 mins
- Unabridged
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Work with data like a pro using this guide that breaks down how to organize, apply, and most importantly, understand what you are analyzing in order to become a true data ninja.
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It does not work on Audible
- By Hamilton Carvalho on 05-14-21
By: Scott E. Page
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Freakonomics
- Revised Edition
- By: Steven D. Levitt, Stephen J. Dubner
- Narrated by: Stephen J. Dubner
- Length: 7 hrs and 51 mins
- Unabridged
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Levitt and co-author Stephen J. Dubner show that economics is, at root, the study of incentives: how people get what they want, or need, especially when other people want or need the same thing. In Freakonomics, they explore the hidden side of...well, everything. The inner working of a crack gang...the truth about real-estate agents...the secrets of the Klu Klux Klan. What unites all these stories is a belief that the modern world is even more intriguing than we think. All it takes is a new way of looking, and Freakonomics will redefine the way we view the modern world.
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Good, but be careful
- By Shackleton on 07-03-08
By: Steven D. Levitt, and others
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Humble Pi
- When Math Goes Wrong in the Real World
- By: Matt Parker
- Narrated by: Matt Parker
- Length: 9 hrs and 33 mins
- Unabridged
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Exploring and explaining a litany of glitches, near misses, and mathematical mishaps involving the internet, big data, elections, street signs, lotteries, the Roman Empire, and an Olympic team, Matt Parker uncovers the bizarre ways math trips us up, and what this reveals about its essential place in our world. Getting it wrong has never been more fun.
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Fascinating & enlightening even for da mathphobic✏️
- By C. White on 01-23-20
By: Matt Parker
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A Brief History of Mathematics
- Complete Series
- By: Marcus du Sautoy
- Narrated by: Marcus du Sautoy
- Length: 2 hrs and 13 mins
- Unabridged
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This 10-part history of mathematics reveals the personalities behind the calculations: the passions and rivalries of mathematicians struggling to get their ideas heard. Professor Marcus du Sautoy shows how these masters of abstraction find a role in the real world and proves that mathematics is the driving force behind modern science.
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not a book
- By bob on 06-22-21
By: Marcus du Sautoy
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Thinking in Bets
- Making Smarter Decisions When You Don't Have All the Facts
- By: Annie Duke
- Narrated by: Annie Duke
- Length: 6 hrs and 50 mins
- Unabridged
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In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a handing off to his star running back. The pass was intercepted, and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time.
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Wasn't For Me
- By ❤️One.Crazy&Cool.Family❤️ on 09-04-18
By: Annie Duke
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Rationality: From AI to Zombies
- By: Eliezer Yudkowsky
- Narrated by: George Thomas, Robert DeRoeck, Aaron Silverbook
- Length: 49 hrs and 40 mins
- Unabridged
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What does it actually mean to be rational? Not Hollywood-style "rational", where you forsake all human feeling to embrace Cold Hard Logic, but where you make good decisions, even when it's hard; where you reason well, even in the face of massive uncertainty; where you recognize and make full use of your fuzzy intuitions and emotions, rather than trying to discard them. In Rationality: From AI to Zombies, Eliezer Yudkowsky explains the science underlying human irrationality with a mix of fables, argumentative essays, and personal vignettes.
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Great content. Some chapters should be re-recorded.
- By Geordie on 03-13-18
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An Introduction to Information Theory
- Symbols, Signals and Noise
- By: John R. Pierce
- Narrated by: Kyle Tait
- Length: 10 hrs and 12 mins
- Unabridged
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Behind the familiar surfaces of the telephone, radio, and television lies a sophisticated and intriguing body of knowledge known as information theory. This is the theory that has permitted the rapid development of all sorts of communication, from color television to the clear transmission of photographs from the vicinity of Jupiter. Even more revolutionary progress is expected in the future.
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Not bad, but...
- By Jane Doe on 06-26-20
By: John R. Pierce
What listeners say about The Signal and the Noise
Highly rated for:
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- R. Hackett
- 02-27-13
Not really anything new.
What did you like best about The Signal and the Noise? What did you like least?
It was clear and generally well presented (accessible to a wide audience). I was well aware that people generally are not good at making predictions, relying too heavily on their heuristics and biases (e.g. failure to use prior probabilities as called for by Bayesian statistics); and the importance of putting "band widths" around probability estimates. I also thought that much too much text was devoted to each of the major topics covered (e.g. weather forecasting, political forecasts, economic forecasts, picking stocks, gambling/poker strategies, etc.). These sections could have been considerably shorter.
What was your reaction to the ending? (No spoilers please!)
"Is that all there is?"
Which character – as performed by Mike Chamberlain – was your favorite?
N/A
Could you see The Signal and the Noise being made into a movie or a TV series? Who should the stars be?
No
Any additional comments?
Generally disappointing, in that it did not expand my knowledge -- though I don't fault the book, as I've read widely in this area.
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5 people found this helpful
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- Gregory
- 12-25-12
Enlightening, entertaining, surprising.
Where does The Signal and the Noise rank among all the audiobooks you’ve listened to so far?
One of the most interesting books I have ever read.
What was the most compelling aspect of this narrative?
Humorous voice, easy to follow. I could believe that the narrator was the author.
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1 person found this helpful
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- Mr. E
- 01-31-16
Great book, well suited for audio
There are a lot of charts in the text version, but it isn't necessary to the story as they aren't often directly referenced in the narrative but are more optional illustrations of concepts. Very good overall
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1 person found this helpful
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- Danina
- 08-06-18
fascinating
especially today, this is extremely useful and insightful! highly recommended for anyone trying to understand today's political landscape.
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- Tom
- 06-06-15
Good and though provoking information.
The book is a little dry. I was hoping for something more in the realm of freakonmics or Blink, but, the information was good. It took me a long time to finish, which is my key indicator for whether the book was good. If you're into data, I would encourage you to check this one out, but otherwise, I'd stay clear.
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- Soo Lee Davis
- 06-01-13
The best critical thinking book to read now
Would you listen to The Signal and the Noise again? Why?
Yes - profound lessons in how to think and solve problems
What was one of the most memorable moments of The Signal and the Noise?
Thinking like a fox.
What does Mike Chamberlain bring to the story that you wouldn’t experience if you just read the book?
A hint at humor.
What’s the most interesting tidbit you’ve picked up from this book?
So many! Must read again
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- fellow traveler
- 01-02-17
excellent, ages well
I enjoyed the book when I listened to it in in 2013 and again in 2017. it ages very well. timeless observations throughout book
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- CT
- 04-01-15
Intellectually engaging, but too long.
Struggled to finish it, was too long for the ultimate takeaway of the book. Still an excellent overview of data analysis and predictions.
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- Ryan M Axelson
- 10-14-16
awesome story
I highly recommend that solid audio book to anyone interested in reports, analytics or improving they're forecasting ability
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- 1
- 06-20-20
Much Signal, Little Noise.
Helps someone without a math degree understand statistics in a more practical manner. Gives us insights to our own biases, and shows where the human brain falls short in forecasting and over recognized patterns that arnt there while missing some that are.
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