Statistics question

hhiusa

Well-known member
May 5, 2015
2,623
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#16
Apologies

You have confirmed you are not who I thought you were ?

I had been thinking you were another wind up merchant using another nic - and I am wrong

You did it again in your last comment - ie said math instead of maths - proving you are probably from the US and you also confirmed in another comment to ffsears that you are studying biochemistry in California.

Good Trading to you and I am pleased you don't just use maths formulations and theory in isolation

Regards

F
I invest in order to pay for the upcoming medical school bills. Studying biochemistry is one of the only ways to afford myself the lifestyle I had growing up. Besides, I was terrible in history and creative writing. The humanities are to me like the sciences are to most people. My father said "you can pay me now or you can pay me later" metaphorically speaking. He was referring to the fact that I could study a "b.s. degree" like something in the humanities or I could study "something important". By "b.s. degree" he was certainly not referring to bachelor's of science if you catch my drift.

What did you study in university? I hear from my British American friends that university is insanely cheaper there. Medical school is about $250,000 here. Even low end colleges here cost more than a car. It reminds me of a song by the Sohodolls. "Save up all your USDs, for British universities".
 
Oct 27, 2013
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#17
I invest in order to pay for the upcoming medical school bills. Studying biochemistry is one of the only ways to afford myself the lifestyle I had growing up. Besides, I was terrible in history and creative writing. The humanities are to me like the sciences are to most people. My father said "you can pay me now or you can pay me later" metaphorically speaking. He was referring to the fact that I could study a "b.s. degree" like something in the humanities or I could study "something important". By "b.s. degree" he was certainly not referring to bachelor's of science if you catch my drift.

What did you study in university? I hear from my British American friends that university is insanely cheaper there. Medical school is about $250,000 here. Even low end colleges here cost more than a car. It reminds me of a song by the Sohodolls. "Save up all your USDs, for British universities".
I went to University in Birmingham UK approx 40 years ago.

I managed to achieve 5 A levels and HND in Business studies before obtaining a 2 2 Honours Degree in Economics ( only average ) and then started my own business within one year of leaving.

Nowadays - my daughter who is at Nottingham University pays equivalent to approx $6500 per annum for her fees - for a 3 year BA course in Marketing and Business studies. Total cost over 3 years with accommodation and living expenses etc would be in total under $60k - so yes a lot cheaper than over in the States.

I don't know the cost for International students - but I am sure a lot less than you are paying

I have also heard Americans having major surgery etc having to pay $100k as well if they have not got medical insurance. Here in the UK - the National Health Service is Free - yes you can go private - and so there is a choice.

Saying that I love California and its lifestyle - so you do have other advantages - you have just got to make sure you earn the big bucks and stay healthy ;-)


Regards

F
 

hhiusa

Well-known member
May 5, 2015
2,623
130
73
#18
I went to University in Birmingham UK approx 40 years ago.

I managed to achieve 5 A levels and HND in Business studies before obtaining a 2 2 Honours Degree in Economics ( only average ) and then started my own business within one year of leaving.

Nowadays - my daughter who is at Nottingham University pays equivalent to approx $6500 per annum for her fees - for a 3 year BA course in Marketing and Business studies. Total cost over 3 years with accommodation and living expenses etc would be in total under $60k - so yes a lot cheaper than over in the States.

I don't know the cost for International students - but I am sure a lot less than you are paying

I have also heard Americans having major surgery etc having to pay $100k as well if they have not got medical insurance. Here in the UK - the National Health Service is Free - yes you can go private - and so there is a choice.

Saying that I love California and its lifestyle - so you do have other advantages - you have just got to make sure you earn the big bucks and stay healthy ;-)


Regards

F
I don't know why but I have never really thought about the health care system. I only know of the costs because some my relatives are in the medical field. I go to the doctor when I am sick or about every 3 months. I never get a huge bill. Even if I was living in England, I would choose to go private. Doctors are paid more here than they are anywhere. That inexpensive health care comes at a cost to the doctors.

Netherlands - $253,000
Australia - $247,000
United States - $230,000
Belgium - $188,000
Canada - $161,000
United Kingdom - $150,000
Ireland - $149,000
Switzerland - $130,000
Denmark - $91,000

In 16th place is Greece - $67,000

An overview of the salaries for different specialities
Radiology: $315,000
Orthopedics: $315,000
Cardiology: $314,000
Plastic surgery: $270,000
General surgery: $265,000
Obstetrics/Gynecology: $220,000
Psychiatry: $170,000
Pediatrics: $156,000

http://www.insidermonkey.com/blog/16-highest-paying-countries-for-doctors-314590/
 

VielGeld

Well-known member
Jul 27, 2011
1,421
179
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#19
Been a long while since I've studied statistics, but I'd wager the formula in the OP is for the 55th trade and not the subsequent ones. For each subsequent trade, you should see a slightly lower % until lim > 0.
 

hhiusa

Well-known member
May 5, 2015
2,623
130
73
#20
Been a long while since I've studied statistics, but I'd wager the formula in the OP is for the 55th trade and not the subsequent ones. For each subsequent trade, you should see a slightly lower % until lim > 0.
That is only part of the picture. That describes a transition state matrix. The probability of predicting k steps into the futures; however, I am only predicting 1 step at a time. Upon the 55th trade, it will become the present and the Chi-squared distribution will be recalculated for n-1 degrees of freedom. As n-1 reaches infinity, the window will squeeze into a single value. It doesn't increase the accuracy of the system but it increases the accuracy of the predictions about its accuracy. A new sample mean and standard deviation will be calculated and normalized. This will produce a new probability window. I have it set to monitor the permutations of 50 PDEs. This works similar to stochastic gradient descent. After each step, it determines the next optimal step.

I was also interested in having the math checked.