Archive for the 'Mathematics' Category

Quote of the day

Essentially, all models are wrong, but some are useful. George E. P. Box

As somebody who spends a significant amount of time at work building and maintaining models I think it is important I remember this myself and remind stakeholders of the limitations and context of the model outputs.

What is 57,683 squared?

Mathemagician Arthur Benjamin performs his lightening calculations at TED in 2005.

Working as a casino dealer I was occasionally required to perform detailed multiplication and addition operations in my head when calculating payouts (e.g. 9 x 17 + 13 x 35 + 7 x 11 …) but the magnitude of these calculations and the time taken is unbelievable.