Calculus and Statistics

The debate on teaching students statistics vs teaching them calculus goes on for some time. Here it is in the words of Peter Thiel:

“There are several different frameworks one could use to get a handle on the indeterminate vs. determinate question. The math version is calculus vs. statistics. In a determinate world, calculus dominates. You can calculate specific things precisely and deterministically. When you send a rocket to the moon, you have to calculate precisely where it is at all times. It’s not like some iterative startup where you launch the rocket and figure things out step by step. Do you make it to the moon? To Jupiter? Do you just get lost in space? There were lots of companies in the ’90s that had launch parties but no landing parties. “But the indeterminate future is somehow one in which probability and statistics are the dominant modality for making sense of the world. Bell curves and random walks define what the future is going to look like. The standard pedagogical argument is that high schools should get rid of calculus and replace it with statistics, which is really important and actually useful. There has been a powerful shift toward the idea that statistical ways of thinking are going to drive the future.”​

In the quantum universe in which we live in in which it is uncertainty and probabilities that reign it is important to be able to understand the 'language' of probability and statistics and to make decisions based on the correct understanding of the rules of the game.

The job of the experienced lawyer is not to make a good move for his client. The job of a good lawyer is to be able to advise his client to make the best move when there are no good moves available. And this is where a core understanding of the options available is crucial.

Lawptimize works in a way as to give the lawyers and clients those options, let them analyze their moves and allow them to make the right decisions at the right time.

Ask us for a demo, and we can show you how we do this.