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...common sense” also applies to deciding which data points are relevant in any given scenario, making it relevant even in a quantitative modeling context.“Sophisticated analysts will combine many different tools—one part intuition, one part historical data, and one part mathematical modeling??to come up with good decisions,” Laibson says.In practice, though, moving entirely to the “common sense” approach on the trading floor is far from a panacea for the chaos wreaked by unusual events.Models may be imperfect, but so is human...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Post-Crisis Economics | 6/3/2009 | See Source »

...caught up in an MTV marathon of one of my favorite TV shows: “America’s Next Top Model.” For those unfamiliar with the phenomenon that is ANTM, the show is supermodel Tyra Banks’s sometimes-sadistic “modeling?? competition (it’s judged more on personality than pictures), which professes to seek the next great model—a young girl who invariably disappears after winning...

Author: By Ryder B. Kessler | Title: Real(ity) Wisdom | 3/4/2008 | See Source »

Maybe there’s no reliable way to choose courses—the process doesn’t invite statistical modeling??but that doesn’t mean we should continue to choose the least convenient way. The logistical benefits of preregistration are obvious: no book shortages at the Coop, no last-minute room changes, no week of class wasted. And much of the faculty remains skeptical of the benefits of shopping, which makes it harder to plan for classes by hiring the correct number of TFs, scheduling sections, and getting in touch with students...

Author: By David K. Hausman | Title: Buyer’s Remorse | 9/17/2007 | See Source »

...also said that at the height of her Spice Girls slimness, she would “feel superior to bigger girls,” and that the “shady dancing and modeling?? she did in her later teenage years made her realize “the power of the body—a power that could sometimes be destructive...

Author: By Amelia E. Lester, CRIMSON STAFF WRITER | Title: Spice Girl, Miss America Speak Up | 2/26/2004 | See Source »

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