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 <title>What Innovators Can Learn from the Movie &quot;21&quot; and Card Counters</title>
 <link>http://www.fastcompany.com/blog-post/what-innovators-can-learn-movie-21-and-card-counters</link>
 <description>&lt;p&gt;Which will help your business be more successful: statistics or probability? &lt;/p&gt;
&lt;p&gt;Underwriters at insurance companies use statistics to assess future risks. This is based on years of collected data. &lt;/p&gt;
&lt;p&gt;Probability is what card counters in Vegas use to increase their odds of success. This is based on real-time, real-life experience. &lt;/p&gt;
&lt;p&gt;If you want to play it safe, use statistics. If you want to win big, use probability. &lt;/p&gt;
&lt;p&gt;&lt;strong&gt;There Are Lies, Damned Lies, and Statistics – Mark Twain&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;a href=&quot;http://www.fastcompany.com/blog-post/what-innovators-can-learn-movie-21-and-card-counters&quot;&gt;read more&lt;/a&gt;&lt;/p&gt;</description>
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 <node>768116</node>
 <pubDate>Wed, 26 Mar 2008 12:27:16 -0400</pubDate>
 <dc:creator>Steve Shapiro</dc:creator>
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