About prize baring contests Competition with prizes are an amazing thing. If you are not sure of that, I urge you to listened to Peter Diamandis talk about his experience with the X prize (start listening at minute 11:40): At short – prizes can give up to 1 to 50 ratio of return on ... [Read more...]

$100 to the first person who can figure out how I created this plot and replicate it. Some hints: It was done in R. There is only one underlying probability distribution involved (one “rdist()“). Including the “plot” statement, I created this with 3 short lines of code. This is based on a ... [Read more...]