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America’s Enormous Math Mistake’s Mistake

Barry Ritholtz

Call it ” ‘ America’s Enormous Math Mistake’s Mistake. Since 2008, the Census Bureau has included government transfers in its Supplemental Poverty Measure. seconds to find 253,000,000 results on Google showing exactly how the government measures this. ” Was this ignorance? Wiifull misrepresentation? Sheer stupidity?

Math 98
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What Is The Most Important Number In The Universe?

The CFO Centre

Our mathematical universe is constructed of numbers. From the speed of light to the parabolic curve of a free-kick in soccer, maths underpins the laws of the universe. Numbers matter. Some we can see. Most we can’t. We can also deconstruct our entire lives in numbers. The average human lives for around 80 years – […].

Numbers 59
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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • Ken Griffin’s Hand-Picked Math Prodigy Runs Market-Making Empire : Citadel Securities CEO Peng Zhao left for college at age 14, caught Griffin’s eye early in his career and built systems now mopping up market share. TKer ) • The Debt Ceiling Dispute Raises the Risks for ‘Risk-Free’ U.S.

Math 56
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Kirk Bresniker On Why Naivete Is Key To Tapping Into AI’s Potential

PYMNTS

Two decades ago, he noted, the Defense Advanced Research Projects Agency ‘s (DARPA’s) attempt to build self-driving cars ended with tank-like constructions that mowed down the one and only tree in an open field. It’s All Math, All The Way Down. But now, she can shout out ‘hey, Alexa.’

Math 68
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Auto Insurance Premiums Big Digital-First Shift

PYMNTS

As Preston told PYMNTS, the math is fairly simple: “People just drove less, so they ended up saving.” As the traditional carriers offer payment relief, he said, in March, Metromile gave 30 percent of premiums back to customers across the eight states in which it operates without having to offer refunds or do anything differently.

Math 82
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New Data: What COVID-19 Is Doing To Main Street SMBs

PYMNTS

The construction and manufacturing sectors were the most bullish, as consumers bought new houses and invested in improving the ones in which they were living. Doing The Math. For most SMBs , 2019 was a banner year, and 2020 was expected to be nothing less than spectacular. In just 21 days. . It may not be so clear-cut.

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Crowdsourcing Data’s Double Edge

PYMNTS

The engineering background, he said, enables him to speak the math- and jargon-heavy language employed by many of the company’s clients, and to make sure his own employees don’t try to pull one over on him. “It Macdonald’s mind was already primed by his engineering and business education at McGill University and the University of Victoria.