Probability

Risk Management, Statistics, Combinations and Permutations for Business

By: Daniel Covington

Narrated by: Martin James

Length: 6 hrs and 9 mins

Publisher's summary

Are you someone who struggles or used to struggle with mathematics at school? Causing you to be totally averse to the subject? If you are, do you realize that certain aspects of mathematics can be very useful for you to know in the real world?

Whether you are retail employee or a budding entrepreneur, or really just someone looking to contribute to your place of work, you will surely encounter problems that require planning and analysis to address them.

What you may not know is that, most of the time statistics, specifically probability and its concepts, will often give you an edge in identifying solutions and strategies to help you move forward with a great plan.

And you’re in luck because in this book, you will get to know what probability is and more importantly, how it can help you solve the problems you encounter in your business work and day-to-day life.

Specifically, this book will help you:

• How to summarize data
• Measure variability.
• Learn the core concepts of probability.
• Gain knowledge of probability distributions and their functions.
• Realize the importance of probability rules in business.
• Become adept at using probabilities in life and at work.
• Identify the types of risk your business can face.
• How to effectively manage risk using probability
• Understand how to use probability and statistics in business.
• How to optimize your business and improve brand loyalty
• Learn how to improve your customer experience and predict customer behavior.
• Understand the components of the business intelligence infrastructure.

Give your business an edge by learning more about probability and how it can help you.

Do not delay! Grab a copy of this book today!

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2020 Daniel Covington (P)2020 Daniel Covington

maybe its me and not the book

I wanted something I can listen to only and not flip from the provided material and audio book.

Wanted to like it, just couldn't.

I love numbers. Always have. Am a strong, determined advocate for the precision of numbers over words, especially in decision-making. This book was 2 stars until the rambling, unfocused, practical section. It reads like your proud 4 year old nephew who has "learned" something new and has little idea of what to do with it except to perform it for others (sorry). Far too much imprecision. Started focused on probability and that presentation was minimally passible but then broadened the scope far beyond his demonstrated expertise. Mispronouncing Daniel Kahneman's last name, a trailblazer in econometrics (also mispronounced), is unforgivable. Needs a section on scales and scale development and much more support for modeling in predictive analytics. Not only is this book a waste of time, it might also confuse what you came in knowing. One very irritating thing? For a book on probability, way too much use of the word "always". I wish Covington had stayed within himself, not tried to be everything to everyone, been more focused, and plumbed much more deeply. If you are looking for something in this area that is well worth the time, check out The Book of Why by Judea Pearl. Sorry. I really did try to like this work. It just ended up being a major disappointment.