The Math Behind Betting Odds & Gambling

CFO News Room

The math underlying odds and gambling can help determine whether a wager is worth pursuing. The first thing to understand is that there are three distinct types of odds: fractional, decimal, and American (moneyline).

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India’s Education Tech Giant Struggles With Math

CFO News Room

Private-equity and venture-capital investors in Byju’s, India’s most valuable startup, caught a break this week—the company isn’t listed yet. If it had been, gyrating markets seem very likely to have caused some serious vertigo. The Indian education-technology company finally released audited financial statements for the financial year ended in March 2021 on Wednesday, after an 18-month delay. Losses ballooned but revenue was nearly flat at the equivalent of $304.6

Math 100
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What Math Skills Do I Need to Study Microeconomics?

CFO News Room

Microeconomics can be, but is not necessarily, math-intensive. Fundamental microeconomic assumptions about scarcity, human choice, rationality, ordinal preferences or exchange do not require any advanced mathematical skills.

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Do The Math: COVID Shows How Easily The Healthcare System Is Overwhelmed

PYMNTS

Rigorous Math Vs. Calendar Gazing. So the math to match supply and demand has to be very, very rigorous. Each asset had its supply-demand math done perfectly.

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New Math: Walmart+ Doesn’t Equal Amazon Prime

PYMNTS

Walmart watchers are out in force today with the launch of subscription service Walmart+. While it has been widely touted as a hedge against Amazon Prime’s runaway growth, when the two programs are stacked side by side, something doesn’t add up.

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Pinterest Buys Math Camp To Work On Discovery

PYMNTS

Math Camp, the company that created location-based app Highlight and photo sharing app Shorts, is being acquired by Pinterest. The cofounder of Math Camp, as well as most of the staff, will be coming along to Pinterest once the deal is complete. Math Camp is most famous for Highlight, an app it created a few years ago that was popular during the height of the location-based services craze. Math Camp raised $5.5 Acquiring discovery Math Camp Pinterest What's Hot

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Pokémon’s New Retail Customer Acquisition Math

PYMNTS

The coming ascendence of augmented reality and virtual reality have long been article fodder for tech enthusiasts, gamers and retail watchers alike. And for good reason – the story of virtual and augmented reality makes for some great copy. Oculus Rift rose from being a plucky crowdfunded upstart to a $2 billion dollar acquisition by Facebook – a deal that Marc Zuckerberg touted at the time as a first step toward using AR/VR tech to connect the entire world in wholly different ways.

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The Mt. Gox Bitcoin Math That Doesn’t Add Up

PYMNTS

The Mt. Gox bitcoin drama got a little more dramatic this week. As a quick refresher, Mt. Gox is the now-defunct bitcoin exchange that shuttered in February 2014 after a mysterious “glitch” caused $500 million worth of bitcoin to go missing. Those bitcoin – or at least most of them — have remained missing ever since.

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

PYMNTS

It’s All Math, All The Way Down. It’s all mathematics, and very high-level probability and statistics — math used in a different way than it ever has been. This is similarly new mathematical ground, which means it needs to be thoughtfully explored — and math, at base, makes a lot people nervous. “At At conferences, when I tell people that AI is all math, half the room turns pale,” he said, jokingly.

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Data Casts Its Spell, But How To Create Magic?

PYMNTS

Join Cathy O’ Neill, PhD, data scientist and author of Weapons of Math Destruction , and Nity Sharma, CEO and cofounder at Simpl, to suss out what separates good data from bad and how it can be applied effectively, or not. Innovation Algorithms big data Commerce Innovation Project machine to machine weapons of math destruction What's HotThey wouldn’t call it Big Data if it weren’t … huge.

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Randi Weingarten Flunks the Pandemic

CFO News Room

An unprecedented decline in reading and math scores is the first national measure of the damage done by school closures to America’s children. Average nine-year-old scores declined the most on record in math (seven points) and in reading since 1990 (five points). The National Assessment of Educational Progress (NAEP) scores for 2022 were released Thursday, and by any standard they are a calamity.

Math 100

Making Algorithms Play Fair

PYMNTS

Sometimes, they go so completely pear-shaped that she says they become WMDs: Weapons of Math Destruction. What is a Weapon of Math Destruction? The problem, according to O’Neil, is that to build a good algorithm one needs to do math, which leads people to jump to the erroneous conclusion that algorithms themselves are as neutral as the math that is their origin.

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Idriz Adedoja, Head of Finance Vizlib & Astrato Analytics

Generation CFO

I was really good at hard or further maths, and I was going to teach maths in a secondary school.

What Is The Most Important Number In The Universe?

The CFO Centre

From the speed of light to the parabolic curve of a free-kick in soccer, maths underpins the laws of the universe. Numbers matter. Our mathematical universe is constructed of numbers. Some we can see. Most we can’t.

Dobbs and the Economy – WSJ

CFO News Room

But if Team Biden is determined to make it a math argument, there has hardly been a worse moment to make such a case. With states and voters now free to decide abortion policies, it’s understandable that pro-choice politicians would be rolling out arguments for the broadest possible availability of the procedure.

Math 100

Money for Children’s Education, Not Schools

CFO News Room

urban communities can read or do math at grade level. As schools break for summer, it’s a good time to review the return America is getting on its investment in education. The Census Bureau reports inflation-adjusted spending in K-12 education has tripled since 1970 to a record $751.7 billion. Yet barely a third of all fourth-graders across U.S. The time has come to reimagine the way we pay for education. Let’s stop writing blank checks to failing school systems.

How to Price Discounts in Multi-year SaaS Contracts

The SaaS CFO

Mix multi-year contracts, discounts, and churn into your internal pricing discussion, and you need a degree in math to determine the optimal pricing for you and your customer. SaaS Multi-year Pricing Discounts SaaS pricing can be a pretty complex subject. Multi-year SaaS pricing discounts is a really interesting topic that does not receive enough financial […]. The post How to Price Discounts in Multi-year SaaS Contracts appeared first on The SaaS CFO.

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Ali Lane, Financial Controller at BOL Foods

Generation CFO

Ali’s career started off by taking some temporary finance jobs in the engineering industry after studying maths at university. “I Finding the right balance between profit and purpose is something Ali Lane, Financial Controller at BOL Foods, has been striving for within his career. . “It’s

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10 Weekend Reads

The Big Picture

KCP Group ). • Your Career Is Just One-Eighth of Your Life : Five pieces of career advice, shaped by economics, psychology, and a little bit of existential math. ( The weekend is here!

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Top Tax Filing Mistakes—and How to Avoid Them

CFO News Room

You make math mistakes. . According to the IRS, math errors are among the most common tax filing mistakes. Always double-check your math, or (better yet) use tax preparation software that does the math for you. Making mistakes on your tax return can cost you money.

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Top Tax Filing Mistakes—and How to Avoid Them

CFO News Room

You make math mistakes. . According to the IRS, math errors are among the most common tax filing mistakes. Always double-check your math, or (better yet) use tax preparation software that does the math for you. Making mistakes on your tax return can cost you money.

Math 130

James Owen, Global Chief Financial Officer, Profiles Division, Kantar

Generation CFO

However, when he didn’t secure a senior contract at Bradford City, he left that path behind and went on to study maths at University. Successful businesses need a culture of making it happen, says James Owen, Kantar’s Profiles division Global CFO.

Mortgage Amortization Calculator

CFO News Room

But we’ll save you the math and let the calculator tell you the estimated payoff date. Check your math: $437.50 + $236.07 = $673.57, the total monthly payment that we calculated above.

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Yes, Even Algorithms Can Break Bad

PYMNTS

Math, as it turns out, is doing more than making millions of teenagers unhappy over hard homework right now — it’s also making the world less democratic and egalitarian. In the wrong hands, mathematics can become a “WMD” — a weapon of math destruction. Most people, especially those who still have flashbacks about the Calculus SAT II, will probably not find the former all that surprising — they will just add it to the list of things they don’t like about math.

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The Battle for 1.5 Degrees of Warming Is Already Lost, So What’s…

CFO News Room

In the end, simple math. But before we get to that let’s look at the political reality behind the math. Here’s the simple math. Climate activists’ current stated goal is to limit global warming to 1.5 degrees Celsius compared to pre-industrial levels.

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The Best Time to Make a Profit is ALWAYS

Michigan CFO

Regardless of how complex or sophisticated the business is, math is math. It should be a fairly straight-forward answer, right? But if you’re Uber, the answer is seemingly “someday… hopefully”. Uber lost $2.8 Billion in 2016. BILLION.

Oil & Gas Labor Shortages

VCFO

Renewable energy by nature demands different talent pools with more advanced technical and math skills to help guide the initiatives. Overcoming Labor Shortages in the Oil and Gas Industry. The U.S.

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Panic Selling Quantified – The Big Picture

CFO News Room

The simple math is that you have to overcome the big hurdle of long term capital gains at 23.8% (20% plus 3.8% . . The easiest button to press in the world is the one marked “ Sell.” It’s a salve for your emotional distress, especially when facing volatile, disruptive stock markets.

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The Ultimate Holiday Dilemma: Make or Buy Sugar Cookies

Adam Kae

Want to see the math yourself? It's that time of year again. It seems like we're always in the kitchen! Decorating sugar cookies is one of my favorite holiday traditions.

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Economics Needs More Socioeconomic Diversity

CFO News Room

The path to an economics PhD is complex — arguably more complex than in many other disciplines — since a successful PhD application typically requires success in a range of advanced math courses (if not a math major) as well as research assistant experience.

US Consumers Expect To Return $115 Billion In Unwanted Gifts

PYMNTS

On each side of the equation, the math is simple. A surge in eCommerce returns driven by COVID-19-related policy changes is hurting retailers but helping logistics companies, the Financial Times reports.

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How Can a CFO Impact Your Customer Acquisition Cost and Lifetime Value?

CFO Simplified

Now, you can do the math when you add all of this together, sit down and ask, “How many customers did we get this year?”. We all understand that customer acquisition cost (CAC) and lifetime value (LTV) are all about data.

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What Are Philosophers of Education Even Talking About?

CFO News Room

Let’s make something clear: A third grade teacher who is struggling to teach more than twenty children, many of whom likely have behavioral problems, how to do math couldn’t care less about posthuman eating.

6 High-Paying Jobs With Low Education Requirements

CFO News Room

You don’t need a college degree, but you do need to have some advanced math (i.e. You don’t need a degree to get in, but you do need competency in advanced math and engineering.

Real Estate Agent vs. Mortgage Broker: What’s the Difference?

CFO News Room

Familiarity with creditworthiness criteria and credit reporting is important, as is a strong proficiency in math, verbal, and writing skills. Real Estate Agent vs. Mortgage Broker: An Overview. Real estate agents and mortgage brokers share similar job attributes.

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