Yearly mammograms increase false alarm risk
A new study has found that most women who have annual mammograms over a period of ten years will be incorrectly diagnosed (false positive) at least once, while 7-9% will go on to do a breast biopsy but not be diagnosed with breast cancer (false positive biopsy recommendation). The results of the study, detailed in […]
Wall Mart as a Monopoly in a Trading Network
http://www.fastcompany.com/magazine/77/walmart.html?page=0%2C1 Wall Mart as a Monopoly in a Trading Network Wal-Mart is known for the incredibly low prices that it gives to its customers. After all, its slogan is “Every Day Low Prices.” It is praised by many consumers for this, but most people do not realize that this powerhouse for cheap goods is actually […]
Game Theory in Sports
http://www.freakonomics.com/2007/12/11/why-dont-sports-teams-use-randomization-a-guest-post/ There is a lot of thought put into strategy of sports. Starting from when I was old enough to understand, I was taught to lay down my bunt in the direction of third base if the third baseman was playing deep, or first if the first baseman was playing deep. As a pitcher, I […]