The most recommended statistics books

Who picked these books? Meet our 27 experts.

27 authors created a book list connected to statistics, and here are their favorite statistics books.
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Book cover of Mothers Matter Too

Joan Rudd Author Of Building Solid: A Life in Stories

From my list on growing into womanhood in different locations.

Why am I passionate about this?

"Two tickets to ride!Most people get only one life.... and on only one coast. This book is an overview of an era 1948-2020 of cultural shifts and expectations for "girls". At seventeen I left my family and NYC for college, a commune, and then art school on the West coast. Visual artist, woman, mother, and descendant, Joan describes the lifetime challenges that she has met with creativity, humor, and resilience. Two NW cities, two marriages, and two sons born 23 years apart inspire many of her stories. 

Joan's book list on growing into womanhood in different locations

Joan Rudd Why did Joan love this book?

Mothers Matter Too is an extraordinary compendium of stories, thoughts, and statistics about women at home with children. Her helpful chart of the “rules” applicable to each stage and “role” of a woman’s life (from girlhood to cronehood) is still revelatory even years after the resurgence of the Women’s Movement. This book is also about the active listening skills critical to supporting a new mother as she struggles to regain her confidence.

By Jenny Phillips,

Why should I read it?

1 author picked Mothers Matter Too as one of their favorite books, and they share why you should read it.


Book cover of Counting: How We Use Numbers to Decide What Matters

Carolyn Purnell Author Of The Sensational Past: How the Enlightenment Changed the Way We Use Our Senses

From my list on everyday things we take for granted.

Why am I passionate about this?

I’m a historian who’s spent far too much time thinking about how the color magenta contributed to climate change and why eighteenth-century humanitarians were obsessed with tobacco enemas. My favorite historical topics—like sensation, color, and truth—don’t initially seem historical, but that’s exactly why they need to be explored. I’ve learned that the things that seem like second nature are where our deepest cultural assumptions and unconscious biases hide. In addition to writing nonfiction, I’ve been lucky enough to grow up on a ranch, live in Paris, work as an interior design writer, teach high school and college, and help stray dogs get adopted.

Carolyn's book list on everyday things we take for granted

Carolyn Purnell Why did Carolyn love this book?

I had never really given much thought to counting until I read this book, but in the very first chapter, Stone made me rethink everything I thought I knew about “one fish, two fish, red fish, blue fish.” She shows that every time we count, we’re making cultural assumptions. For example, what counts as a fish? And what makes the color of the fish more relevant than other features? Counting reveals that while these choices may seem intuitive, basic, and meaningless, they have very real impacts on people’s lives. Especially when we use numbers to measure things like merit, poverty, race, and productivity, those fundamental assumptions matter more than we care to admit.  

By Deborah Stone,

Why should I read it?

1 author picked Counting as one of their favorite books, and they share why you should read it.

What is this book about?

Early in her extraordinary career, Deborah Stone wrote Policy Paradox, a landmark work on politics. Now, in Counting, she revolutionises how we approach numbers and shows how counting shapes the way we see the world. Most of us think of counting as a skill so basic that we see numbers as objective, indisputable facts. Not so, says Stone. In this playful-yet-probing work, Stone reveals the inescapable link between quantifying and classifying, and explains how counting determines almost every facet of our lives-from how we are evaluated at work to how our political opinions are polled to whether we get into…


Book cover of The Numbers Game: The Commonsense Guide to Understanding Numbers in the News, in Politics, and in Life

Tim Harford Author Of The Data Detective: Ten Easy Rules to Make Sense of Statistics

From my list on think clearly about data.

Why am I passionate about this?

Tim Harford is the author of nine books, including The Undercover Economist and The Data Detective, and the host of the Cautionary Tales podcast. He presents the BBC Radio programs More or Less, Fifty Things That Made The Modern Economy, and How To Vaccinate The World. Tim is a senior columnist for the Financial Times, a member of Nuffield College, Oxford, and the only journalist to have been made an honorary fellow of the Royal Statistical Society.

Tim's book list on think clearly about data

Tim Harford Why did Tim love this book?

I should declare an interest here: I present a BBC Radio show that Blastland and Dilnot created. This book was effectively my “how to” manual on the way into the studio that they had vacated. It’s a wise and varied guide to the power and the pitfalls of data, poetically written and full of subtle wisdoms.

By Andrew Dilnot, Michael Blastland,

Why should I read it?

1 author picked The Numbers Game as one of their favorite books, and they share why you should read it.

What is this book about?

The Strunk and White of statistics team up to help the average person navigate the numbers in the news

Drawing on their hugely popular BBC Radio 4 show More or Less, journalist Michael Blastland and internationally known economist Andrew Dilnot delight, amuse, and convert American mathphobes by showing how our everyday experiences make sense of numbers.

The radical premise of The Numbers Game is to show how much we already know and give practical ways to use our knowledge to become cannier consumers of the media. If you've ever wondered what "average" really means, whether the scare stories about cancer…


Book cover of Modern Mathematical Statistics with Applications

Chris Conlan Author Of Algorithmic Trading with Python: Quantitative Methods and Strategy Development

From my list on mathematics for quant finance.

Why am I passionate about this?

I am a financial data scientist. I think it is important that data scientists are highly specialized if they want to be effective in their careers. I run a business called Conlan Scientific out of Charlotte, NC where me and my team of financial data scientists tackle complicated machine learning problems for our clients. Quant trading is a gladiator’s arena of financial data science. Anyone can try it, but few succeed at it. I am sharing my top five list of math books that are essential to success in this field. I hope you enjoy.

Chris' book list on mathematics for quant finance

Chris Conlan Why did Chris love this book?

One of my favorite professors, Gretchen Martinet, used this to teach a course called “Mathematical Statistics” when I was at the University of Virginia. It is an extremely profound course full of dense but fundamental mathematical proofs in classical statistics. 

You will learn why the formula for the normal distribution is the way it is, why the sum of squares appears everywhere in statistics, and how to fit a linear regression by hand. In the same way calculus elevates our understanding of rates of changes, the book elevates your understanding of samples, averages, and distributions. Quant trading requires an intuitive sense of how data, models, and aggregates work, making this content essential for your success.

By Jay L. DeVore, Kenneth N. Berk,

Why should I read it?

1 author picked Modern Mathematical Statistics with Applications as one of their favorite books, and they share why you should read it.

What is this book about?

Modern Mathematical Statistics with Applications, Second Edition strikes a balance between mathematical foundations and statistical practice. In keeping with the recommendation that every math student should study statistics and probability with an emphasis on data analysis, accomplished authors Jay Devore and Kenneth Berk make statistical concepts and methods clear and relevant through careful explanations and a broad range of applications involving real data.

The main focus of the book is on presenting and illustrating methods of inferential statistics that are useful in research. It begins with a chapter on descriptive statistics that immediately exposes the reader to real data. The…


Book cover of Competing on Analytics: The New Science of Winning

Jeremy Adamson Author Of Minding the Machines: Building and Leading Data Science and Analytics Teams

From my list on for data science and analytics leaders.

Why am I passionate about this?

I am a leader in analytics and AI strategy, and have a broad range of experience in aviation, energy, financial services, and the public sector.  I have worked with several major organizations to help them establish a leadership position in data science and to unlock real business value using advanced analytics. 

Jeremy's book list on for data science and analytics leaders

Jeremy Adamson Why did Jeremy love this book?

This is a foundational book on analytics and data science as a business function and helped to shape the development of the practice. It provides a view of the discipline through a business lens and avoids deep technical examinations. Though much has changed in the 15 years since it was originally published, it is still essential reading for a leader in the field. No book since has captured as well the competitive differentiation that analytics provides.

By Thomas H. Davenport, Jeanne G. Harris,

Why should I read it?

1 author picked Competing on Analytics as one of their favorite books, and they share why you should read it.

What is this book about?

You have more information at hand about your business environment than ever before. But are you using it to "out-think" your rivals? If not, you may be missing out on a potent competitive tool. In Competing on Analytics: The New Science of Winning, Thomas H. Davenport and Jeanne G. Harris argue that the frontier for using data to make decisions has shifted dramatically. Certain high-performing enterprises are now building their competitive strategies around data-driven insights that in turn generate impressive business results. Their secret weapon? Analytics: sophisticated quantitative and statistical analysis and predictive modeling. Exemplars of analytics are using new…


Book cover of R in Action: Data Analysis and Graphics with R

Tilman M. Davies Author Of The Book of R: A First Course in Programming and Statistics

From my list on intro to programming and data science with R.

Why am I passionate about this?

I’m an applied statistician and academic researcher/lecturer at New Zealand’s oldest university – the University of Otago. R facilitates everything I do – research, academic publication, and teaching. It’s the latter part of my job that motivated my own book on R. From first-year statistics students who have never seen R to my own Ph.D. students using R to implement novel and highly complex statistical methods and models, my experience is that all ultimately love the ease with which the R language permits exploration, visualisation, analysis, and inference of one’s data. The ever-growing need in today’s society for skilled statisticians and data scientists means there's never been a better time to learn this essential language.

Tilman's book list on intro to programming and data science with R

Tilman M. Davies Why did Tilman love this book?

This provides a superb balance between technical aspects of R coding and the statistical methods that motivate its use. It's rare to find a book on topics like this that are written with Kabacoff's easygoing yet precise style, which makes it ideal for beginners. From my own experience, it is obvious the author has spent many years teaching this type of content, knowing where things deserve extra explanation up front and where other more technical details can be relegated to more advanced texts.

By Robert I. Kabacoff,

Why should I read it?

1 author picked R in Action as one of their favorite books, and they share why you should read it.

What is this book about?

DESCRIPTION

R is a powerful language for statistical computing and graphics that can handle virtually any data-crunching task. It runs on all important platforms and provides thousands of useful specialized modules and utilities. This makes R a great way to get meaningful information from mountains of raw data.



R in Action, Second Edition is language tutorial focused on practical problems. Written by a research methodologist, it takes a direct and modular approach to quickly give readers the information they need to produce useful results. Focusing on realistic data analyses and a comprehensive integration of graphics, it follows the steps that…


Book cover of A First Course in Statistical Programming with R

Tilman M. Davies Author Of The Book of R: A First Course in Programming and Statistics

From my list on intro to programming and data science with R.

Why am I passionate about this?

I’m an applied statistician and academic researcher/lecturer at New Zealand’s oldest university – the University of Otago. R facilitates everything I do – research, academic publication, and teaching. It’s the latter part of my job that motivated my own book on R. From first-year statistics students who have never seen R to my own Ph.D. students using R to implement novel and highly complex statistical methods and models, my experience is that all ultimately love the ease with which the R language permits exploration, visualisation, analysis, and inference of one’s data. The ever-growing need in today’s society for skilled statisticians and data scientists means there's never been a better time to learn this essential language.

Tilman's book list on intro to programming and data science with R

Tilman M. Davies Why did Tilman love this book?

From well-known authorities in the R-sphere (including a former R Core Team member), this is a long-standing text whose first edition was one of the early books intended to teach R to beginners. It provides concise instructions and examples on how R is used as a programming language before focusing on 'number-crunching' statistical methods that are typically seen as computationally intensive. One of the notable features of this book is the statistical methods at hand are not just illustrated using 'black-box' code--the reader is provided with the necessary mathematical detail to understand what's going on behind the scenes for those that are so inclined.

By W. John Braun, Duncan J. Murdoch,

Why should I read it?

1 author picked A First Course in Statistical Programming with R as one of their favorite books, and they share why you should read it.

What is this book about?

This third edition of Braun and Murdoch's bestselling textbook now includes discussion of the use and design principles of the tidyverse packages in R, including expanded coverage of ggplot2, and R Markdown. The expanded simulation chapter introduces the Box-Muller and Metropolis-Hastings algorithms. New examples and exercises have been added throughout. This is the only introduction you'll need to start programming in R, the computing standard for analyzing data. This book comes with real R code that teaches the standards of the language. Unlike other introductory books on the R system, this book emphasizes portable programming skills that apply to most…


Book cover of Statistics and Data Analysis for Financial Engineering: With R Examples

Ernest P. Chan Author Of Quantitative Trading: How to Build Your Own Algorithmic Trading Business

From my list on quantitative trading for beginners.

Why am I passionate about this?

A noted quantitative hedge fund manager and quant finance author, Ernie is the founder of QTS Capital Management and Predictnow.ai. Previously he has applied his expertise in machine learning at IBM T.J. Watson Research Center’s Human Language Technologies group, at Morgan Stanley’s Data Mining and Artificial Intelligence Group, and at Credit Suisse’s Horizon Trading Group. Ernie was quoted by Bloomberg, the Wall Street Journal, New York Times, Forbes, and the CIO magazine, and interviewed on CNBC’s Closing Bell program. He is an adjunct faculty at Northwestern University’s Master’s in Data Science program and supervises student theses there. Ernie holds a Ph.D. in theoretical physics from Cornell University.

Ernest's book list on quantitative trading for beginners

Ernest P. Chan Why did Ernest love this book?

I have used this book to teach my Financial Risk Analytics course at Northwestern University for many years. As a textbook, it is surprisingly easy to read, and the abundant exercises are great. This would be a foundational text to read after you have read my own books. It puts you on solid ground to understand all the financial babble that you may read elsewhere. It includes extensive coverage of most basic topics important to a serious quantitative trader, while not being overly mathematical. Easily understandable if you have basic programming and math background from first year of university.

Everything is practical in this book, which isn’t what you would expect from a textbook! There is no math for math’s sake. I have used the techniques discussed in this book for real trading, and for creating features at my machine learning SaaS predictnow.ai. Examples: What’s the difference between net…

By David Ruppert, David S. Matteson,

Why should I read it?

1 author picked Statistics and Data Analysis for Financial Engineering as one of their favorite books, and they share why you should read it.

What is this book about?

The new edition of this influential textbook, geared towards graduate or advanced undergraduate students, teaches the statistics necessary for financial engineering. In doing so, it illustrates concepts using financial markets and economic data, R Labs with real-data exercises, and graphical and analytic methods for modeling and diagnosing modeling errors. These methods are critical because financial engineers now have access to enormous quantities of data. To make use of this data, the powerful methods in this book for working with quantitative information, particularly about volatility and risks, are essential. Strengths of this fully-revised edition include major additions to the R code…


Book cover of A Primer In Game Theory

Guilherme Carmona Author Of Existence And Stability Of Nash Equilibrium

From my list on game theory.

Why am I passionate about this?

I grew up listening and participating in discussions about politics. These discussions often ended up on Economics – after all, “it’s the economy, stupid!”. Game theory, by being very broad and focused on strategic interactions, served as a very rewarding unifying apparatus for my understanding of Economics. It is also very beautiful and elegant, combining the austere beauty of pure mathematics with insights from elegant literature – I was pleased to cite Graham Green’s Our Man in Havana in a recent paper. It has accompanied me in a 20-year career since my PhD in Economics at the University of Minnesota to my current professorship in Economics at the University of Surrey.

Guilherme's book list on game theory

Guilherme Carmona Why did Guilherme love this book?

When the goal is to have an appealing introduction to game theory, with plenty of economic applications, there can hardly be any book better than this one.

It covers the core elements of game theory in a simple, yet careful, way, always illustrating them with expertly chosen economic problems. A must for anyone wanting to enter the world of game theory.

By Robert Gibbons,

Why should I read it?

1 author picked A Primer In Game Theory as one of their favorite books, and they share why you should read it.

What is this book about?

This book's introduces one of the most powerful tools of modern economics to a wide audience - not only those who will specialize as pure game theorists but also those who will construct (or even just consume) game-theoretic models in applied fields of economics.


Book cover of Naked Statistics: Stripping the Dread from the Data

Martin S. Fridson Author Of The Little Book of Picking Top Stocks: How to Spot Hidden Gems

From Martin's 3 favorite reads in 2023.

Why am I passionate about this?

Author Financial analyst History buff Music lover

Martin's 3 favorite reads in 2023

Martin S. Fridson Why did Martin love this book?

When I signed up for an introductory statistics course in college, I expected it would cover exactly what this book addresses. At that time, newspaper articles sometimes referred to the book that inspired this one, Darrell Huff’s How to Lie with Statistics.

I was excited to learn how to avoid getting snared by inadvertent and intentional flaws in public opinion polls, medical studies, and investment research. In a highly readable, entertaining style, Charles Wheelan arms his readers against all those pitfalls.

The somewhat abstruse quantitative methods actually taught emphasized in the statistics course proved to be helpful professionally. But Wheelan’s statistical malpractice stories are both accessible to readers unfamiliar with the underlying math and informative to those who are.

By Charles Wheelan,

Why should I read it?

3 authors picked Naked Statistics as one of their favorite books, and they share why you should read it.

What is this book about?

Once considered tedious, the field of statistics is rapidly evolving into a discipline Hal Varian, chief economist at Google, has actually called "sexy." From batting averages and political polls to game shows and medical research, the real-world application of statistics continues to grow by leaps and bounds. How can we catch schools that cheat on standardized tests? How does Netflix know which movies you'll like? What is causing the rising incidence of autism? As best-selling author Charles Wheelan shows us in Naked Statistics, the right data and a few well-chosen statistical tools can help us answer these questions and more.…