Social Security Part I: Insurance and Risk Premiums
…pool, the law of large numbers tells us that the risk is reduced further and further. In fact, with 10,000 people in the risk pool, the premium required to cover…
…pool, the law of large numbers tells us that the risk is reduced further and further. In fact, with 10,000 people in the risk pool, the premium required to cover…
…anti-lockdown crowd that not reopening the economy quickly will lead to an increase in suicides by the increasingly large numbers of unemployed people out there. There certainly have been many…
…of the monthly changes within a year (if you instead computed year-over-year changes, the resulting numbers would be close but slightly different.) Also, since this has been an issue recently,…
…say [that] Republicans in Washington — anxious about the unhappiness of their conservative supporters — are manipulating the authorizing numbers, making them all but irrelevant. Authorized spending rose 15.3 percent…
…So the straw man is that it is reasonable to assume that if two countries have the same number of cases at time t, then they will have similar numbers…
The BLS numbers are out, and they are significantly below expectations: Nonfarm payroll employment continued to trend upward in September, increasing by 96,000, and the unemployment rate was unchanged at…
…tenor of the remaining 3 1/2 weeks of the campaign. Here are some stories (in no particular order) to help get you primed for tomorrow morning’s numbers: Pre-election Jobs Report…
…same number by the law of large numbers, which is true asymptotically (recall my personal slogan “asymptotically we’ll all be dead”). It did not apply in this case. The average…
…function of lower weekend reporting. Here are yesterday’s numbers. Number and rate of increase of Reported Infections (from Johns Hopkins via arcgis.com) Number: up +24,499 to 759,786 (vs. 35,354 prior…
…which in turn increase production and saving. Therefore, the workers cut off their own noses when they limit output or limit numbers. The classical position is undoubtedly valid when applied…