In simple, nontechnical language, this volume explores the fundamentals governing chance and applies them to sports, government, business, and other fields. Part I concerns the theory of probability in relation to superstitions, fallacies, and betting odds. Part II applies probability theory to statistics, including its relevance to warfare, sports, social problems, stocks, and other areas. "The style is clear and lively. The treatment ... is remarkably accurate. In short, it is a good book."--Scientific Monthly.