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Statistical Ideas

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Website title: Statistical Ideas

Publisher:  salilmehtany
Message frequency:  0 / week

Message History

Human patterns sway from era to era with different personalities rising in prominence, given the tensions at the time. Here we explore how these personality archetypes age, translating to longevity risk, when it does. Do certain high-performers become destined for shorter lifespans; or do certain become destined for lengthier lifespans? We begin knowing that this is not a claim ...

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ai-age, retirement

The question of our time is what is the “magic number” needed to finally not have to work anymore.  How do you know if you have made the right decision about your own number or number of years needed before you retire?  As working people get closer to age 50 it’s a question that becomes more acute, and drives people to anxiously work against a goal that was arithmetica...

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This is a follow-on to our recent article, megamillion changes A, which explored the different game change statistics and the implications so far for increased gaming revenue. Apologies if there were any RS...

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More than a dozen years after the last ticket price increase, in April we saw Mega Millions increase their ticket price to $5 [from $2] and increased their minimum jackpot to $50m [up from $40m].  Powerball meanwhile is still priced at $2 in all states [sans a couple states where it is at $3].  Powerball’s minimum remains lower, at $20m.  But as noted below the...

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