Economics

Permanent URI for this collectionhttps://hdl.handle.net/10679/316

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Browsing by Institution Author "SOYER, Emre"

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    A picture's worth a thousand numbers
    (Harvard Business Publishing, 2013-06) Hogarth, R. M.; Soyer, Emre; Business Administration; SOYER, Emre
    The article examines research on the subject of humans' difficulty in understanding probability and the value of graphic representations in improving that understanding. Topics include research by "Harvard Business Review" journal into statistical computer simulations, the hypothesis that probability theory has been helping humans analyze information for years before it was formally defined, and how graphs and simulations could improve businesses' decision-making processes.