
Description
The programme that investigates the numbers everywhere; in the news, in politics, in life. Topics covered include how mathematical blunders contributed to the credit crunch, our tendancy to over es...timate our own relative performance known as the the Lake Wobegon effect, financial forecasting, average wage calculations, the Strictly Come Dancing scoring system and public telephone voting, and use of different types of averages.
The programme that investigates the numbers everywhere; in the news, in politics, in life. Topics covered include how mathematical blunders contributed to the credit crunch, our tendancy to over es...timate our own relative performance known as the the Lake Wobegon effect, financial forecasting, average wage calculations, the Strictly Come Dancing scoring system and public telephone voting, and use of different types of averages.
Series: | More or less |
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Episode | 5 |
First transmission date: | 2009-01-02 |
Original broadcast channel: | BBC Radio 3 |
Published: | 2009 |
Rights Statement: | Rights owned or controlled by The Open University |
Restrictions on use: | This material can be used in accordance with The Open University conditions of use. A link to the conditions can be found at the bottom of all OU Digital Archive web pages. |
Duration: | 00:27:32 |
+ Show more... | |
Producer: | Innes Bowen |
Presenter: | Tim Harford |
Contributors: | Ruth Alexander; Daniel Dorling; Aiden Gregg; Tim Harford; Oliver Hawkins; Sabina Parl; Ola Svenson; Philip Tetlock; Paul Willmott |
Publisher: | BBC Open University |
Keyword(s): | Averaging; Quantitative finance |
Subject terms: | Economics; Mathematics; Statistics |
Production number: | 08VE2053LHO |
Available to public: | no |