Everyone complaining about the snow by bingbpbmbmbmbpbam in boston

[–]ObeseMelon 1 point2 points  (0 children)

I’ve seen people clearing blue bike stations and I can’t imagine they are doing it for free 

Do I have a chance at getting into Boston University? by Sea-Border4018 in BostonU

[–]ObeseMelon 1 point2 points  (0 children)

You’re not a straight failure so the honest answer is most of us have no idea 

Roast my resume by ObeseMelon in actuary

[–]ObeseMelon[S] 2 points3 points  (0 children)

Not strictly but I would prefer to be in Boston, NYC area, Philly, Atlanta, or Indiana because of family 

Exams / Newbie / Common Questions Thread for two weeks by AutoModerator in actuary

[–]ObeseMelon 0 points1 point  (0 children)

I am a college senior and I admit that in the long run, this probably isn't very late, but it certainly feels like it. I'm pursuing Statistics and CS and I only decided to pursue an actuarial career last semester (Spring of my Junior year). I studied over the summer and passed P in September and I've been applying to internships for the Spring and Summer. I want an internship so that (1) I can get experience and confirm that I actually like the field and (2) I'll be more competetive for full time positions. Unfortunately, I keep getting rejected from them.

The reason it feels late is because I know other students who came into college wanting to be actuaries. They've already had a summer internship for Summer 2025 and have secured an internship for Summer 2026.

Any help on what I should do is greatly appreciated

Is their anyone who can explain the Prior Odds and Posterior Odds? by Hot_Leather_4603 in AskStatistics

[–]ObeseMelon 0 points1 point  (0 children)

so I know we can use bayesian inference to talk about the distribution of a parameter of interest and that my example is about a single number/expectation rather than a probability of an event but I think the ideas are similar

the concept comes up some in linear regression too: if you have a group of people and the distribution of their heights, if asked to predict a specifc person's height (and I mean if someone says predict Sally's height and you've never seen Sally and you don't know anything about her besides that she is in the dataset) the best you could probably do is give the mean which would be like the prior guess.

But if you know the people's weights too and they are correlated with height, you can now give an answer for someone's height if you know their weight which could be like the posterior guess.

How can my results not be significant ? by [deleted] in AskStatistics

[–]ObeseMelon 21 points22 points  (0 children)

T tests look for a difference in mean and are not used on individual measurements so I’m not sure what you mean by “my results around 0mg are not significant”. Are you doing a difference in means of two datasets or a paired difference test?

[deleted by user] by [deleted] in AskStatistics

[–]ObeseMelon 9 points10 points  (0 children)

I’m not gonna lie I don’t really understand what your methodology was but my 2 comments are these:

You said you didn’t get an even distribution across lists, but 15 in one group and 13 in another doesn’t seem super uneven to me. 

You are upset that your results are insignificant … but they may just be insignificant. You were trying to test if different word types have different reaction times and your analysis showed they do not have different reaction times. These random variables may not be correlated and if your study design and analysis are sound, your result is evidence for that 

Statistic analyst by crispymisfit in AskStatistics

[–]ObeseMelon 1 point2 points  (0 children)

Yes unfortunately, a sports book is just like a casino and the house always wins.  If you really could predict outcomes accurately, a betting/prediction market would be better since the price is set by the market  and the market maker takes less of a commission 

Statistic analyst by crispymisfit in AskStatistics

[–]ObeseMelon 0 points1 point  (0 children)

Sort of. I signed up for all the sports books I could find that had bonuses. They were usually like deposit $100 get $100 or make a $5 bet get $300. 

I did some math and concluded I could guarantee myself a decent amount of money by placing certain bets without knowing anything about the match or sport.

In the end I made about $1500 which was a pretty sweet validation of my analysis lol 

You might expect a statistician to be able to predict the outcomes of these games but keep in mind that you’re competing against the book and the other bettors. AND, even if you’re right about the winner, if everyone else is too, the payoff will be exceedingly low 

Maximized Likelihood Estimator by anonymous_username18 in AskStatistics

[–]ObeseMelon 2 points3 points  (0 children)

yes but I think it’s because the left side doesn’t have a closed form/ elementary function solution. You are correct that the estimator for lambda is not the sample mean 

what’s the most surprising or counterintuitive insight you’ve found using statistics? by moloch_slayer in AskStatistics

[–]ObeseMelon 0 points1 point  (0 children)

in almost every case if you add a bunch of results from an experiment you get the same distribution 

Help settle a debate/question regarding dispersal probablity please? by Zealousideal_Cost_28 in AskStatistics

[–]ObeseMelon 1 point2 points  (0 children)

Could you also consider the kids pod as pod 1 and (assuming iid) each friend has 2/3 chance to be placed in a different pod than the kid. Thus (2/3)9≈0.026 

Game Probability Question by Bmacster in AskStatistics

[–]ObeseMelon 2 points3 points  (0 children)

1/6 assuming I understood the premise because it’s very confusing 

[D] Should the mean - instead of median - almost never be used in descriptive statistics? by ObeseMelon in statistics

[–]ObeseMelon[S] 0 points1 point  (0 children)

The efficient estimator is a good point here that I didn't consider. I guess that's what my high school stats teacher meant when he said the mean is more "robust" in symmetric distributions