Arthur Benjamin: Teach Statistics Before Calculus!
By LawrenceI cannot emphasize enough the importance of thinking in terms of probability and how useful it is for anyone in making any kind of decisions that involve trade-offs and risks.
In this TedTalk, Arthur Benjamin provides some very good reasons why it is better to teach everyone statistics over calculus.
Personally, I find that it is never too late to learn statistics and think in terms of probability. It is not just a very good tool in making trading decisions. It is also a life skill that can transform your life and put you in better perspective of things happening around you and on you.
When I get the chance I will write about these interesting stories with the people I encountered whom I showed them how to think probabilistically. It is a life transforming experience for them. I learned a lot from sharing my thoughts with them too. It is something I always remember as it shows that a slight change of perspective in an individual can make all the difference.
