Category Archives: math

Most Sincere

Is anybody else driving around town looking for the Most Sincere convenience store hoping the Great Pumpkin (or an affiliated diety) will bestow upon them the winning ticket to the $1.2 Billion jackpot? Just me? Hot dog, I hope I’m … Continue reading

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Older Than Bones

I ran across a FB post about how the Rocky Mountains are taller than the Appalachians. The poster insinuates that taller is better. Someone responds to this post by telling the wannabe Texan that bigger ain’t always better saying that … Continue reading

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Jump Start Your Day

I didn’t really have any new resolutions or goals this year. Mostly I’d just like to get back to being who I was before the pandemic hit–that girl that got up at 5:30 every morning to exercise, worked all day, … Continue reading

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Words of Wisdom

Out of the mouths of babes, they say.  Last night I was working on my second epiphany of the evening and it unfortunately involved solving 2 equations with multiple unknowns and used summation notation. Lucky for me Babe#1 is majoring … Continue reading

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Asymptotically Normal

When I first came to LSU (last millennium) we used 3 separate machines to print, fax and copy, had dial up 4200 baud modems, and only the POTUS and other mobsters had satellite phones. Technology has changed so much and … Continue reading

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Asymptotically Valid Co-Variance Estimator

Did you get yours yet? I heard all the hip variance-co-variance matrices are into bondage validity this year. Econometric validity requires two conditions: no bias and consistency. This may be the first time the egg-heads got it right. Back to the … Continue reading

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Faith-Based Econometrics

It’s wrong like bacon fried Twinkies are wrong. It’s wrong like laughing during Schindler’s List. Not caring about the matrix algebra fundamentals underlying the SAS/Stata commands is wrong when I am cultivating a lifelong habit of learning.** Does a girl … Continue reading

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There Ain’t No Such Thing as a Power Nap

We’re all familiar (or should be) with TANSTAAFL, aka There Ain’t No Such Thing As A Free Lunch. I’ve coined a complementary term: TANSTAAPN. Nothing’s free. Not lunch, not gas station car washes, and most certainly not naps in the … Continue reading

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Exponential Decay

Went to lunch with this youngster today. He was unaware that you could start suffering from sleep injuries* as early as the mid-thirties. A sleep injury occurs when you go to bed at the regular time, sleep the same number … Continue reading

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Log Likelihood

A problem from yesterday: Suppose you observe n iid normal variables from the normal density, X ∼ N(µ, σ 2 ), where σ 2 is known. (A) Find the maximum likelihood estimator of the mean µ. L is for likelihood, where L(θ; … Continue reading

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