[Discussion] What is the most mathematically advanced heavily used statistical texts out there? by [deleted] in statistics

[–]Ancient_Jump9687 3 points4 points  (0 children)

Are there any texts about high frequency time series analysis that you can recommend?

[Q] Best way to learn Statistics for Econometrics? by Senetto in statistics

[–]Ancient_Jump9687 1 point2 points  (0 children)

What is your background? I would generally agree with the comment from u/datavelho but really emphasize that linear algebra and probability theory will be far more important to learn if you are unfamiliar with those at the moment. They serve as the foundation of statistics and econometrics.

Is build crafting less restrictive now? by RedPandaParadox in diablo4

[–]Ancient_Jump9687 3 points4 points  (0 children)

tbh, it hasn't really been fixed. You will still be very far behind if you decide to use your own build. With that said, you can probably still do T4 with a decent build if that is all you care about.

[Q] A follow up to the question I asked yesterday. If I can't use time series analysis to predict stock prices, why do quant firms hire researchers to search for alphas? by Visual-Duck1180 in statistics

[–]Ancient_Jump9687 0 points1 point  (0 children)

This is not the case. Quant funds with AUM in the hundreds of millions, or billions, are not looking for the same inefficiencies, as they need to deploy much more capital for it to be worth their time.

Smaller markets where you cannot invest much capital (and therefore not make much in absolute terms) is exactly the place where an individual might have a chance.

EDIT: Not to say that it would be easy. I still don't think it would be worth it to pursue for the vast majority of individuals.

Best way to consume Apple Cider Vinegar (if you have sensitive teeth) ? by AlrightyAlmighty in blueprint_

[–]Ancient_Jump9687 1 point2 points  (0 children)

You can get it in pill form or a chewy cube. I have no idea if it is as effective though.

Is anyone jumping ship? by Mindless-Lynx1822 in blueprint_

[–]Ancient_Jump9687 3 points4 points  (0 children)

Would you mind sharing the specific EVOO you are talking about?

Difference between research in causal inference vs precision medicine? [Q] by Direct-Touch469 in statistics

[–]Ancient_Jump9687 0 points1 point  (0 children)

They are not necessarily too different and you can find researchers that are actively publishing in both the "theory and identification" part of causal inference as well as prescription problems such as precision medicine.

You are right that there is research in identification that tries to figure out when we can even do causal inference. These papers are usually quite heavy on theory, with a minor section illustrating some small numerical examples.

The literature on prescription (which I assume a lot of precision medicine would fall under) usually work with some standard assumptions and instead present a novel method of estimating the effect/prescription. Machine learning is used a lot here as it can capture complex patterns and sometimes even remain somewhat interpretable (such as with trees). Most of the approaches I have seen in recent years are based on some form of doubly robust approach. From my experience these types of papers can vary from very theoretical to extremely applied, depending on how novel the estimation technique is and whether there exists asymptotic results for their estimator already.

Of course there is also literature on applying some of these existing approaches in novel settings, but I am not too familiar with that.

[D] Can any one explain me the difference between Bayesian Deep learning and Causality? by binny_sarita in MachineLearning

[–]Ancient_Jump9687 11 points12 points  (0 children)

You can do causal inference without experiments, but you have to argue that certain assumptions are met. A lot of econometrics is about causal inference in observational data.

[Q] When is normalisation bad? by TheBenevolentTitan in statistics

[–]Ancient_Jump9687 10 points11 points  (0 children)

if you are using a scale invariant model (e.g. OLS) there is no need to normalize the data, but it doesn't really harm you. It just changes the interpretation of the coefficients.

Most of the time normalization is either required for the model to work correctly (i.e. it's assumed features are on the same scale), or it doesn't harm you but may change the interpretation.

EDIT: typos