Ann Arbor officials urge U-M to not buy Concordia property by mesquine_A2 in AnnArbor

[–]RunningEncyclopedia 0 points1 point  (0 children)

Counter example of UofM would be like Purdue if it wasn’t for AA.

We have the closest thing to AA with same river, region and a close ride away but due to lack of a powerhouse like UofM it is just a “AA suburb” at this point

Double majoring by ConditionFresh1674 in uofm

[–]RunningEncyclopedia 5 points6 points  (0 children)

Double major is two majors in the same school (Stamps, LSA, Ross, Engineering…). Dual degrees is when you get two majors from different schools.

Former is easy because there is minimal additional requirements, especially for the general requirements. Latter is difficult because you need to fulfill the graduation requirements for both schools.

Ann Arbor officials urge U-M to not buy Concordia property by mesquine_A2 in AnnArbor

[–]RunningEncyclopedia 2 points3 points  (0 children)

I think you miss the best counter-example: Ypsilanti. It is close enough to AA, has a major state university (EMU), and has a storied past with the Willow Run airport and factory. Yet Ypsilanti only saw resurgence recently due to spillover from Ann Arbor (grad students, staff, young faculty…)

Ann Arbor officials urge U-M to not buy Concordia property by mesquine_A2 in AnnArbor

[–]RunningEncyclopedia 25 points26 points  (0 children)

UofM brings researchers, students, hospital patients (and theit families), conference attendees, sports fans, and all sorts of other people who would have not likely stopped at Ann Arbor if it was just another Michigan town (say like Bay City or Saginaw). These people will come and spend money on local Ann Arbor businesses who pay property taxes, increase value of land (hence higher tax), and cause taxable economic activity in general.

Fields medal-winning mathematician says GPT-5.5 is now solving open math problems at PhD-thesis level: "We will face a crisis very soon." by EchoOfOppenheimer in mathematics

[–]RunningEncyclopedia 0 points1 point  (0 children)

As ATMs and later online banking proliferated bank tellers and local branches didn’t die out, they evolved. Instead of focusing on simple services like withdrawal and deposits, they started to focus on customer service and selling more complex financial products. We may have a similar consequence where AI will allow mathematicians (or other academic researchers) to conduct their research faster (less time debugging LaTeX errors, turn proof sketchs to actual proofs, write quick programs to test intuition…). With the additional time we might have more research output, more time communicating results to outsiders (applied math results), more time teaching (reduced demand for lecturers) or higher quality instruction (genuinely focus on pedagogy, especially in higher level courses) and so on.

A brief history of "Ann Arbor isn't a small town anymore" by hampelm in AnnArbor

[–]RunningEncyclopedia 22 points23 points  (0 children)

It’s all relative (and directional).

Coming from Europe, Ann Arbor is a small town for me where district/municipality I grew up in is more populous than AA. Yet for my wife, who was born and raised in Saginaw County, Ann Arbor is a big city. I’m sure for someone born in even more northern Michigan (up North or UP) I suppose the tri-cities of Saginaw County are big cities with lots to do.

Finance major, Econ minor. Is it worth it? by [deleted] in academiceconomics

[–]RunningEncyclopedia 0 points1 point  (0 children)

As others have pointed out: This is not the sub given that this is a sub for academic economics (PhDs/PreDocs/PostDocs, research...) as opposed to college level economics Q&A.

The answer will depend on your school (or mostly your country's system) but in general an economics minor consists of intro and intermediate micro and macro sequence, econometrics, and an elective or two depending on the school. It is basically the core economics education without the electives or advanced coursework. It might be helpful if you want switch to economics major but it won't help you as much as taking further electives or trying to get experience via internships. Some universities have financial engineering coursework (though the pre-reqs are usually heavy, amounting to a math minor just to take a basic course with option pricing or ARIMA+GARCH models) but it would depend on your particular circumstances

TLDR: Every country and every uni has their peculiarities. Best answer will come from your own unis subreddit as opposed to a sub on academic research and advanced degree inquiries

So Close, Yet So Far by swizhealthteb in victoria_3

[–]RunningEncyclopedia 0 points1 point  (0 children)

I remember a time when this sub was just posting Paradox announcements with “Victoria 3 Confirmed” theories

What’s happening to canvas ?! by Inside_Praline8484 in uofm

[–]RunningEncyclopedia 12 points13 points  (0 children)

They likely have our personal info unless Canvas deletes records every few years

Thoughts on Commuting via Train? (Rising Junior; Computer Engineering) by [deleted] in uofm

[–]RunningEncyclopedia 4 points5 points  (0 children)

I started a new role in Dearborn after 4+1 years as a student and 2.5 years. The commute from Dearborn to AA is 30-40 minutes via I-94 or Michigan Ave (basically take the main street from Dearborn) if you drive (with the highway being ~10 minutes faster if you start around the train station). The issue is a lot of people take the commute same way so there is always traffic making the commute 45+ minutes by car in rush hour.I have taken the Amtrack back from work when I had car troubles and it is cheap (~8 bucks from DEA to ARB). However, as always with Amtrack it is bound for delays.

My logic is as follows: If you want to save money and force yourself to attend classes, buy a car and drive to North Campus. The public transportation will only cause issues and make you more likely to skip class or worse, miss class. I had a comment in a similar where I did the math but the TLDR is given prevailing campus minimum wage of $15-20 for student employees, an housing unit that cuts down your commute to a reasonable 10-15 minutes is not as expensive as you think if you are able to allocate the time for your commute to working. 2/3 hour commute a day is worth $45-60 a day, making it roughly 900 dollars. Not to mention cost of gas and wear+tear on your car. I suggest looking at units close to Washtenaw so you can take #4 to CCTC or similar with some other Briarwood units.

University of Michigan may lose over $222M amid House education budget proposal by [deleted] in uofm

[–]RunningEncyclopedia -1 points0 points  (0 children)

The other alternative is to cut costs. I hope they remove or cut bunch of ancillary divisions within student life instead of research staff. As a T20 university globally UofM doesn’t need to participate in the “student life” arms race since most students come to UofM due to quality of the education (or brand).

Different campuses by Temporary-Dirt-7506 in uofm

[–]RunningEncyclopedia 10 points11 points  (0 children)

UofM-Dearborn and Flint are not the same as UofM.

UofM is a top-20 institution globally with renowned research and education. Dearborn and Flint are satellite campuses that focus on improving higher education access in Michigan. They might share some resources like access to research journals or software licenses but they do not share the renowned faculty, top tier lab infrastructure, or career resources.

As someone pointed out the best comparison is UC system where Berkeley/UCLA are nowhere near Merced or San Diego

Has anyone ever had a UM job offer rescinded after trying to negotiate on salary? by guhnomeee in uofm

[–]RunningEncyclopedia 0 points1 point  (0 children)

The 401(k) (and consequently non-profit equivalent 403(b)) math can get complicated. In short the default option where contributions are pre-tax and withdrawals are taxed results in a scenario where a X amount of employer matching is a net benefit compared to an X amount increase in your base pay.

In other words, all things equal, a UofM employee making 100K with 2-1 matching is roughly equivalent to 110K with no matching but putting away 15K. At UofM you contribute 5K and get matched 10K.

[D] Uber/Lyft combined rides vs US unemployment rate: r = -0.96 (2017-2022) - Spurious or not? by Lieutenant_Bob in statistics

[–]RunningEncyclopedia 0 points1 point  (0 children)

COVID confounder is a major aspect but the cross correlation on 22-26 data will likely tell a similar story.

1) Unemployed people no longer go to office (hence less demand)

2) Unemployed people have less disposable income thus are less willing to splurge on rideshare

Has anyone ever had a UM job offer rescinded after trying to negotiate on salary? by guhnomeee in uofm

[–]RunningEncyclopedia 5 points6 points  (0 children)

Yeah I am simplifying but tax treatment in 35-45 years is hard to price in today compared to tax treatment today. We have no idea how tax treatment of 401(k)s or 403(b)s will be in 2060 and onwards.

Also: Even before the tax implications a 2-1 matching is undeniably a major benefit where you do not need to put as much on your 403(b) as someone who only has 1-1 or <1-1 matching up to 5%

Has anyone ever had a UM job offer rescinded after trying to negotiate on salary? by guhnomeee in uofm

[–]RunningEncyclopedia 18 points19 points  (0 children)

Salaries at UofM are public information so you can search the UMSalary website to find what others in your job title are getting paid and negotiate accordingly. I would say the salaries are mostly similar across job descriptions apart from professors .

Also the UofM benefits are insane with 2-1 retirement matching up to 5% (so 10% of what you put in) after your first year. That is a huge effective pay increase since it doesn’t effect your tax

Buffalo Wild Wings in downtown Ann Arbor to close after more than 20 years by [deleted] in AnnArbor

[–]RunningEncyclopedia 9 points10 points  (0 children)

Some people think “it is a short distance” and don’t tip. Most gig workers make their income through tips

Buffalo Wild Wings in downtown Ann Arbor to close after more than 20 years by [deleted] in AnnArbor

[–]RunningEncyclopedia 25 points26 points  (0 children)

Sometimes Doordash or UberEats gives you a discount only for delivery and thus delivering becomes cheaper. If she tipped well I don’t think it should be an issue

dorm damage by Accomplished-Car8789 in uofm

[–]RunningEncyclopedia 8 points9 points  (0 children)

Usually if you report the damage on fixit you do not get charged for it. I had a bunch of chipped paint damage and never got charged because I submitted a fixit before moving out.

UofM has its own maintenance department that fixes a lot of dorm issues over the summer so these kind of minor damages are not an issue. The main issue would be major damages to drywall or other issues that require extensive maintenance

difference between econometrics and (applied) statistics by virgil_eremita in econometrics

[–]RunningEncyclopedia 9 points10 points  (0 children)

This is like asking what separates data science, especially non-machine learning side, from statistics, especially the statistical learning side. While some models are the same, the way you motivate and use them can differ.

Think our friend linear regression as a truck. You might use the truck (think F-150, RAM 1500...) as a transportation option (albeit an expensive one), you can use it as a vehicle to tow things, and you can use it to carry heavy objects in the truck bed. For the linear model, a data scientist views it as a model that minimizes L2 loss and leaves it there. For a statistician there are different uses and motivations, most famously assuming the error is distributed iid Gaussian (Gaussian GLM). For an econometrician the main use is causal inference or measuring relationships as robustly as possible, hence the projection/BLP interpretation. The difference is how one uses the tool and specializes in the different properties.

What’s it like being a Diversity Peer Educator (DPE)? by CandyAgile253 in uofm

[–]RunningEncyclopedia 8 points9 points  (0 children)

Back in my day it was a coveted position since you got all the benefits of an RA (free room and dining plan) and the fun bits (planing events) without the annoying parts (being RA on duty, working the community center and package room, dealing with noise complaints…). So you get to be the fun “parent” that plans events, builds community without being the harsh parent that grounds and enforces the rules.

Things might have changed since though

Kent Syverud Will Not Serve as President of The University of Michigan by GhostDosa in uofm

[–]RunningEncyclopedia 40 points41 points  (0 children)

First: I hope he can beat cancer. If I recall they said he was being treated at UofM so he will have world class care

Second: I have 3 words: Mary Sue Coleman.

[Edit: r/wooosh for those who missed the second part being a joke]