Random fact of the day

QurazyQuisp

Platinum Member
Feb 5, 2003
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So, I'm studying for my econometrics final, and I stumbled upon the wikipedia page for t-statistics and saw this... I thought it was pretty cool.

"The t-statistic was introduced in 1908 by William Sealy Gosset, a chemist working for the Guinness brewery in Dublin, Ireland ("Student" was his pen name).[1][2] Gosset had been hired due to Claude Guinness's innovative policy of recruiting the best graduates from Oxford and Cambridge to apply biochemistry and statistics to Guinness' industrial processes.[2] Gosset devised the t-test as a way to cheaply monitor the quality of stout. He published the test in Biometrika in 1908, but was forced to use a pen name by his employer, who regarded the fact that they were using statistics as a trade secret. In fact, Gosset's identity was known to fellow statisticians."

T-Statistics help you determine the statistical significance of an independent variable in linear regression. (for those who have no idea what one is)

Beer FTW!
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
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they didn't teach you that until econometrics?
 

QurazyQuisp

Platinum Member
Feb 5, 2003
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Originally posted by: ElFenix
they didn't teach you that until econometrics?

What, that the t-statistic was invented for beer? No. I've known about t-stats for a while... just never learned where they came from/why.

ON a side note, econometrics is probably one of my favorite classes I've ever taken in college... Sad that it took this long to enjoy econ.
 

alkemyst

No Lifer
Feb 13, 2001
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I'd say if you are off campus at a bar that you keep this tidbit to yourself.
 

Crono

Lifer
Aug 8, 2001
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T-statistics? Is that like regular statistics, but with awesome Auto-Tune effect?
 

Crono

Lifer
Aug 8, 2001
23,720
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136

I don't think anyone is sure where it came from originally, but as with most of these viruses, it probably mutated at different points and so it really doesn't deserve a name based on a location (though I guess it makes it easier for media to call it something).

"Some scholars have theorized that the flu probably originated in the Far East.[28] Dr. C. Hannoun, leading expert of the 1918 flu for the Institut Pasteur noticed that the former virus was likely to have come from China, mutated in the USA near Boston, and spread to Brest (France), Europe's battlefields, Europe, and the world using Allied soldiers and sailors as main spreaders.[29] C. Hannoun also notice several other theories, such Spain, Kansas, Brest, but as being possible but not likely.

Historian Alfred W. Crosby observed that the flu seems to have originated in Kansas, the political scientist Andrew Price-Smith has published data from the Austrian archives suggesting that the influenza had earlier origins, beginning in Austria during the Spring of 1917.[30] Popular writer John Barry echoed Crosby in proposing that Haskell County, Kansas was the location of the first outbreak of flu.[31] In the United States the disease was first observed at Fort Riley, Kansas, United States, on March 4, 1918,[32] and Queens, New York, on March 11, 1918. In August 1918, a more virulent strain appeared simultaneously in Brest, France, in Freetown, Sierra Leone, and in the U.S. at Boston, Massachusetts. The Allies of World War I came to call it the Spanish flu, primarily because the pandemic received greater press attention after it moved from France to Spain in November 1918. Spain was not involved in the war and had not imposed wartime censorship.[33]"
http://en.wikipedia.org/wiki/1...ndemic#Origins_of_name
 

Billb2

Diamond Member
Mar 25, 2005
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If every deck of the ship SS United States was piled to a depth of five feet with gold bars, the ship would sink....
 

Arcadio

Diamond Member
Jun 5, 2007
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Random Fact: Over 70% of the flowers imported by the United States come from the great South American nation of Colombia.