Sat.Jun 22, 2019

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Statistics 101 – Covariance and Linear Regression (Part 2 of 3)

Tom Spencer

Statistical inference helps us understand the data, and hypothesis testing helps us understand if the data is different from another set of data. These techniques are important when exploring data sets, as they help guide our analysis. However, these techniques are not enough. Most times, we are looking to understand the relationship between two sets of data, such as how the stock price of GOOGL moves with respect to the S&P 500.

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Eleven votes

Seth Godin Blog

The Baseball Writers of America vote for induction into the hall of fame. Eleven of them voted NO when Babe Ruth came up. If Babe Ruth gets eleven ‘no’ votes, why are we so worried about the noisy critic in the corner?

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Health Economics Part II – Insurance

Tom Spencer

In part one of my series about health economics I gave an overview of the drivers of demand in the medical care market. In this post, I will go beyond a general interpretation of demand and give you an in-depth overview of a specific and expensive issue: the rising cost of public liability insurance. Public liability insurance (PLI) is an interesting and important topic because its costs are far-ranging and complex.