Tuesday, August 25, 2009

The Cost of Not Understanding Probability Theory | Math-Blog

The Cost of Not Understanding Probability Theory Math-Blog
An increased awareness of probability and statistics can only improve society and its ability to assess situations and make rational decisions. How do we begin to remedy this situation, not only in Italy, but around the world? We can start by devoting far more time in grade, middle and high school math classes, in order to teach students about this important subject and the implications that it can have on their everyday lives, understanding of society, and ability to make wise financial decisions.

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