From Data and Information Analysis to Knowledge Engineering: Proceedings of the 29th Annual Conference of the Gesellschaft für Klassifikation e.V., University of Magdeburg, March 9-11, 2005

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This volume collects revised versions of papers presented at the 29th Annual Conference of the Gesellschaft für Klassifikation, the German Classification Society, held at the Otto-von-Guericke-University of Magdeburg, Germany, in March 2005. In addition to traditional subjects like Classification, Clustering, and Data Analysis, converage extends to a wide range of topics relating to Computer Science: Text Mining, Web Mining, Fuzzy Data Analysis, IT Security, Adaptivity and Personalization, and Visualization.
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Publisher
Springer Science & Business Media
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Published on
Apr 20, 2006
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Pages
761
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ISBN
9783540313144
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Best For
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Language
English
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Genres
Business & Economics / Economics / Theory
Business & Economics / Statistics
Language Arts & Disciplines / Library & Information Science / General
Mathematics / Probability & Statistics / General
Medical / Biostatistics
Social Science / Media Studies
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Content Protection
This content is DRM protected.
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“Brilliant, funny . . . the best math teacher you never had.”—San Francisco Chronicle Once considered tedious, the field of statistics is rapidly evolving into a discipline Hal Varian, chief economist at Google, has actually called “sexy.” From batting averages and political polls to game shows and medical research, the real-world application of statistics continues to grow by leaps and bounds. How can we catch schools that cheat on standardized tests? How does Netflix know which movies you’ll like? What is causing the rising incidence of autism? As best-selling author Charles Wheelan shows us in Naked Statistics, the right data and a few well-chosen statistical tools can help us answer these questions and more.

For those who slept through Stats 101, this book is a lifesaver. Wheelan strips away the arcane and technical details and focuses on the underlying intuition that drives statistical analysis. He clarifies key concepts such as inference, correlation, and regression analysis, reveals how biased or careless parties can manipulate or misrepresent data, and shows us how brilliant and creative researchers are exploiting the valuable data from natural experiments to tackle thorny questions.

And in Wheelan’s trademark style, there’s not a dull page in sight. You’ll encounter clever Schlitz Beer marketers leveraging basic probability, an International Sausage Festival illuminating the tenets of the central limit theorem, and a head-scratching choice from the famous game show Let’s Make a Deal—and you’ll come away with insights each time. With the wit, accessibility, and sheer fun that turned Naked Economics into a bestseller, Wheelan defies the odds yet again by bringing another essential, formerly unglamorous discipline to life.

“Fuzzy Control - the revolutionary computer technology that is changing our world” - these and other headlines could be read when in the early 90’s news from Japan came over telling us about the success of fuzzy controllers. The idea which was put into practice had been suggested by Lot? A. Zadeh in Berkeley in 1965. It had been developed and tested in some practical - plications, especially in Europe. In Japan fuzzy control was celebrated as a technology re?ecting the Japanese way of thinking by its unsharpness and - plicitoverlappingofseveralstatements. Anewtechnologyboomwaspredicted for Japan which would make Europe lose ground. Consequently, this news created unrest. Research projects were initiated and development departments were engaged to translate fuzzy control into products. Adversaries and supporters hurried up to inform themselves and intensely discussed whether the “conventional” or the fuzzy control were the better alternative. Finally, the excitement cooled down since in recent years fuzzy control was analyzed fromthe classical pointofview. Thus,amoreobjective evaluation of its strong and weak points was possible. Furthermore, it was shown how fuzzy systems could be put to use in the steering level which is the level above the control loop, especially in interaction with other methods of soft computing and arti?cial intelligence. Based on these fundamentals, the aim of this book is to support the convenient use of fuzzy controllers and fuzzy systems in the branch of control engineering and automation systems.
Fooled by Randomness is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are The Black Swan, Antifragile, Skin in the Game, and The Bed of Procrustes.

Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb–veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times bestselling author of The Black Swan–has written a modern classic that turns on its head what we believe about luck and skill.

This book is about luck–or more precisely, about how we perceive and deal with luck in life and business. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill–the world of trading–Fooled by Randomness provides captivating insight into one of the least understood factors in all our lives. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives.

The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness.

However, the most recognizable character of all remains unnamed–the lucky fool who happens to be in the right place at the right time–he embodies the “survival of the least fit.” Such individuals attract devoted followers who believe in their guru’s insights and methods. But no one can replicate what is obtained by chance.

Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after reading Fooled by Randomness we can be a little better prepared.

PRAISE FOR FOOLED BY RANDOMNESS:

Named by Fortune One of the Smartest Books of All Time

A Financial Times Best Business Book of the Year

“[Fooled by Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-five theses were to the Catholic Church.”
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“The book that rolled down Wall Street like a hand grenade.”
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“Fascinating . . . Taleb will grab you.”
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