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I like the way engineers do proofs: “Works for n=1, works for n=2, works for all n.â€
Induction is math, not statistics.
"an alpha or standard deviation and sample size, damnit!"
But if we assume Peter P as the entirety of the evil/non-evil universe...
But if we assume Peter P as the entirety of the evil/non-evil universe…
Huh?
I meant to be humorous...they jump from n=1 & n=2 to all n, without mathematical induction.
Why it's called mathematical induction when it's a deductive process is a mystery to me. Didn't mean to change the subject away from chi squared distributions and what not.
I meant to be humorous…they jump from n=1 & n=2 to all n, without mathematical induction.
It is fine if n = 2...
Might as well include economists in our late-nite festival:
Micro Economists do proofs as such: if a rational n = 1 but would like to be n = 2, and a rational m = 2 but would like to be one, then P = 1.5, but only assuming elasticity of ..., then we take the set the first derivative AC = 0 ... and finally we discover that MR = MC. Wow, lets make this into a 400 page book with lots of graphs.
Macro Economists do proofs as such: money = this theory, aggregate supply = that theory, capital = other theory, inflation = this + that - other theory. Wave hands a lot, and *poof*, we can't tell you anything about the future except that it is uncertain, but we can explain the past as if we should have known it before it happened.
Well, that would do away with the sample size issue.
If you know alpha you don't need the sample size, but it would be nice. You know how accurate the guess is with an alpha (because it incorporates n and sigma).
If extraterrestrials were monitoring transmissions from Earth, what would have more meaning for them...the decimal expression of pi to 100 thousand digits, or Hootie and the Blowfish?
They're watching Seinfeld reruns in the Vega system about now, aren't they?
I think they’d be studying up on how to serve us for dinner
Free-range human with truffle cream sauce?
Owneroccupier Says:
“There is a gay phase in adolescence for all guysâ€
I think it is many, but not “all†guys…
“most of us grow past that, some of us get stuck there. Sexual orientation is not entirely a natural-born thing, it is also influenced strongly by your early sexual experience and sexual partner.â€
I think that almost everything is a combination of both nature “and†nurture.
If you look at 100 kids from normal families you will naturally have a small number of gay kids, by if you look at a group of 100 kids who were molested by an older step brother for years you will have a lot more gay kids. The results will be similar if you look at when you guys who hit women every now and then you will have a kid who grew up in a happy Christian home who for some strange natural reason beats his wife, but most abusers come from homes where Dad beat the crap out of the kids and their Mom…
I think sending them a simple sequence of prime numbers would stop them dead in their tracks - Sort of like the Jesuits marching into the Amazon with the Crucifix held high before them.
I think sending them a simple sequence of prime numbers would stop them dead in their tracks - Sort of like the Jesuits marching into the Amazon with the Crucifix held high before them.
Braised "prime number" human brain with cracked pepper.
Content has degraded from the thread standard.
How?
Do you think aliens will eat human sushi? Or they may think we are filthy animals?
"Content has degraded from the thread standard."
(I'm gonna incorporate that into a Donnie Darko comment and then head for bed)
Oops... if aliens are studying this thread... we just gave them some recipes... oh no!
---
Dear aliens, Our brains taste horrible and truffle cream sauce is no good.
astrid gently warmed, drizzled with Jake G. cream sauce. Then sent to bed.
I guess I’ll be banned for sure now.
No one will be banned for suggesting a recipe.
"astrid gently warmed, drizzled with Jake G. cream sauce. Then sent to bed."
And on that obscurely obscene note, good night to all and to all good night.
Disclaimer: No recipes here posted have been kitchen tested.
Also, no animals have been harmed.
Disclaimer: All references to Jake Gyllenhaal cream sauce are made without the express consent of Sony Pictures Inc., Paramount Inc., or Warner Brothers Productions.
Okay now, what is Jake Gyllenhaal cream sauce? Is it similar to truffle cream sauce?
Owneroccupier Says:
I know this Margaret Hwang woman, before she got married. Haven’t been in touch for years.
Let me put it this way, she is not the brightest bulb in our circle of friends, but definitely a climber. Used to intern for some big name senator or something, tried politics, didn’t work, wanted to do ibank, didn’t work. Kinda surprised to find her in academia. One should check who sponsored that study, I bet it is some realtor/builder-related interest that is doing so.
bubble, bubble, toil and trouble,
fire burn and housing double...
reminds me of a fairly useless 1946 paper written by one milton friedman on the cost of housing in chicago etc at a time of similar concern. he actually submitted that you could control all property prices rather than just rents, but kind of dismissed that as a possibility, one memorable line was 'but what of the man who wants to rent?'
oh, Capuchin Economics - the behaviour of Capuchine monkeys - behavioural economics - i'm all for that stuff - i thought the name was like 'latte economics' for a moment...
i like these sorts of quotes:
"In other words, home buyers do not operate in a world of rational expectations. They are easily swayed by low interest payments, low down payments, tax code changes and perhaps most importantly by the emotional tug of being left behind or not getting their fair share of wealth that others are receiving. This last factor is the founding basis for behavioral finance and Capuchinomics. We then fully understand that such behavior is emotionally normal, but financially destructive."
a recent study found some 8-10% of sheep (rams) were gay...
Inside the Mind of the Gay Sheep
http://www.theregister.co.uk/2004/03/08/inside_the_mind/
(quite a funny site, too)
a guy called milton diamond (no relation to jared?) postulated 4 stages of pre-natal sexual differentiation through the action of hormones - the derangement of any of the stages would lead to different manifestations of cross-gendered behaviour...
Different Sean wrote:
>reminds me of a fairly useless 1946 paper written
>by one Milton Friedman
http://mason.gmu.edu/~kbrancat/Papers/roofs_or_ceilings.pdf
Friedman's writings usually make a lot of sense and I did not find anything in the link above that I didn't agree with.
Bingo. The international carry-trade via ultra-cheap $USD was a huge factor in spawning RE bubbles all over the globe.
hmm, when wall st sneezes, the whole world catches a cold... (not that it was wall st exactly this time, tho greenspan lowered interest rates to save the share market...) interest rates definitely went down in many countries following 9/11 and all the rest.
tho wendell cox at demographia.com insists it is urban consolidation housing policies alone that drive up prices, when you consider parts of america are still very cheap (the smith article calls these "screaming bargains") - i am somewhat surprised in fact that people haven't swooped on every part of america and tried to milk the ROI on investment property - if you get good cash flows on cheap property in nebraska or wherever, why haven't all those places gone through the roof as well - interstate investors buying up all the places?
sorry about the post above. For some reason my last post wasn't posted.
Anyhow, About the baby boomers selling off their houses in 10 years.. I was reading an article the other day and the scary thing it mentioned was that the next big baby boom is pretty much happening right now. Get this- The majority of those having kids are: you guessed it- Baby Boomers! Yay! another entirely new generation of boomers to start all over again! The good thing is that by the time lil' Jr gets old enough to buy anything, we'll hopefully be out of this mess and be in homes of our own( if you aren't already.)
SFwoman,
When I lived in Berkeley, I knew a lot of people who claimed to have their home residences at their friend's houses just so their kids could go to Berkeley High School. Amazing. I think they have since cracked down on that because Berkeley had a huge amount of students for a few years.
It sort of scares me at the level of hostility being exhibited in those posts. Someday, I might be one of those guys with california tags driving around there. I hope they don't associate all californians simply as "assholes". I can understand the fear of people coming in and jacking up their prices, but I'm sure many of the people who moved there are in my same boat and needed the ability to attain upward mobility, not just cash out and gorge on cheaper real estate.
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1. Congress enacts/President signs new Tax Code into law (1997) subsidizing real estate speculation? Check.
2. Cabal of arrogant Fed bankers/Washington politicians/Brokerage firms ignore (or actively encourage) massive Dot.com stock bubble? Check.
3. Aforementioned stock bubble imploding in Fed's/Pol's faces (2000)? Check.
4. Extreme Fed/Pol fear of damage to the rest of the economy by ruptured stock bubble and willingness to flood economy with ultra-cheap credit (to inflate new bubble)? Check.
5. Massive GSEs market intervention, allowing private mortgage lenders to shift default risk from themselves onto taxpayers, FCBs & institutional investors (using the magic of MBS/CMOs)? Check
6. Complete erosion of lending standards, thanks to Fed's easy credit + GSE's MBS/CMO mortgage risk transfer? Check.
7. Cabal of arrogant Realt-whores enforcing monopoly MLS, gaming the numbers and lobbying for federal protection? Check.
8. Public's unshakable faith in the impregnability of real estate ("it never goes down")? Check.
9. Public's complete lack of historical memory, understanding of credit bubbles, the Fed/GSEs, business cycles, etc.? Check.
10. China/Japan underwriting much of our toxic MBS/CMO debt, while secretly hoping we fall on our asses? Check.
11. International carry-trade spawning RE bubbles all over the globe, thanks to ultra-cheap $USD ? Check.
HOUSING BUBBLE, YOU ARE CLEARED FOR TAXI
Discuss, enjoy...
HARM
#housing