98% sounds like a lot. If someone wins the lottery 98% of the times they play, they are clearly blessed. Getting a top mark (e.g.: 10/10) on exams 98% of the time will likely lead to an honour diploma.
9Axes
9Axes, based off of 8values is a political quiz that attempts to assign percentages on nine different political axes. You will be presented by a statement, and then you will answer with your opinion on the statement, from Strongly Agree to Strongly Disagree, with each answer slightly affecting your scores. At the end of the quiz, your answers will be compared to the maximum possible for each value, thus giving you a percentage. Answer honestly!
The Role of Luck in Life Success Is Far Greater Than We Realized
Are the most successful people in society just the luckiest people?
Prospect Theory, Mental Accounting, and Differences in Aggregated and Segregated Evaluation of Lottery Portfolios
If individuals have to evaluate a sequence of lotteries, their judgment is influenced by the presentation mode. Experimental studies have found significantly higher acceptance rates for a sequence of lotteries if the overall distribution was displayed instead of the set of lotteries itself. Mental accounting and loss aversion provide an easy and intuitive explanation for this phenomenon. In this paper we offer an explanation that incorporates further evaluation concepts of Prospect Theory. Our formal analysis of the difference in aggregated and segregated portfolio evaluation demonstrates that the higher attractiveness of the aggregated presentation mode is not a general phenomenon (as suggested in the literature) but depends on specific parameters of the lotteries. The theoretical findings are supported by an experimental study. In contrast to the existing evidence and in line with our theoretical results, we find for specific types of lotteries an even lower acceptance rate if the overall distribution is displayed.
Grading is a Scam (and Motivation is a Myth) | A Professor Explains
No One Dies in this Dystopia
I am all done with grading for the semester just past, but the work sticks to me in a way I can’t yet manage to fling off.
Sturgeon's law
Sturgeon's law states, "Ninety percent of everything is crap". The adage was coined by American science fiction author and critic Theodore Sturgeon while defending the merits of the genre. Sturgeon observed that most works in any field were low quality. Therefore, science fiction was not uniquely inferior.
You MUST learn time management as a student.
the role of the university
i am over halfway through my degree at cambridge, and i am a little underwhelmed
Does the Fear of Debt Deter Students from Higher Education?
Concerns over the impact of debt on participation in higher education (HE) have dominated much of the debate surrounding the most recent reforms of financial support for full-time students in England, including the introduction of variable tuition fees. Yet few studies have attempted to explore this issue in a statistically robust manner. This article attempts to fill that gap. It examines the relationship between prospective HE students' attitudes to debt, and their decisions about whether or not to enter HE. Using data derived from a survey of just under 2,000 prospective students, it shows how those from low social classes are more debt averse than those from other social classes, and are far more likely to be deterred from going to university because of their fear of debt, even after controlling for a wide range of other factors. The article concludes that these findings pose a serious policy dilemma for the Westminster government. Their student funding policies are predicated on the accumulation of debt and thus are in danger of deterring the very students at the heart of their widening participation policies.
LeftValues
LeftValues is a leftist quiz inspired by and based upon the 8values quiz that seeks to identify your position on the left-wing spectrum. If you are not a leftist, this quiz is obviously not suited for you. You will be presented with a statement, and then you will answer with your opinion on the statement, from Strongly Agree to Strongly Disagree, with each answer slightly affecting your scores. The questions for each axes are presented in order, rather than scattered. At the end of the quiz, your answers will be compared to the maximum possible for each value, thus giving you a percentage. Answer honestly! There are questions in the test.
'It's rigged': The dirty secret behind what IQ scores really measure | BBC Science Focus Magazine
Besides being next to useless for actually measuring intelligence, here's why we should kill IQ scores for good
OPT Reforms and the Relative Supply of STEM Skills
Since the late 2000s, reforms to the optional practical training (OPT) program have allowed international STEM graduates to work in the United States for up to three years after graduation. We study how these reforms affected the supply of STEM skills in the United States. Exploiting the staggered 2008, 2011, 2012, and 2016 STEM-OPT expansions, we find that OPT reforms increased STEM degree completions by 14–15 percent, with gains evident at the bachelor’s and master’s levels. Domestic completions increased as well, suggesting that OPT expansions may have crowded in domestic STEM students rather than crowding them out.
OPT Reforms and the Relative Supply of STEM Skills
Since the late 2000s, reforms to the optional practical training (OPT) program have allowed international STEM graduates to work in the United States for up to three years after graduation. We study how these reforms affected the supply of STEM skills in the United States. Exploiting the staggered 2008, 2011, 2012, and 2016 STEM-OPT expansions, we find that OPT reforms increased STEM degree completions by 14–15 percent, with gains evident at the bachelor’s and master’s levels. Domestic completions increased as well, suggesting that OPT expansions may have crowded in domestic STEM students rather than crowding them out.
College admissions insanity is substantially explained by this fact: The number of elite entry level jobs (e.g. McKinsey, Goldman Sachs, Google, The Economist) is flat, demand for them has exploded, and hiring managers and people teams have no cap on the # of hires they can make from target schools
SE Gyges
at some point in looking at university admissions scandals it becomes inescapable that elite colleges are, functionally, granting admission to an aristocracy, which makes this sort of thing much, much more legible the lesser noble houses are upset that their children are not being elevated
