Expect the unexpected.

That's exactly what we're going to do in inferential statistics.

And risks are always risks.

We're going to use that normal distribution a lot.

You never saw this.

That's new.

What's the estimate?

You can configure how many virtual desktops there are.

You didn't expect that, did you?

Here are the 1,100 bottle caps they collected.

Setup Virtual Machine

You know you could view this as the first coordinate.

You can tweak that discount rate and make a few assumptions in discount rate and pretty much assume anything.

So I'll give you four.

If you have more questions about it, ask Kevin Kelly later. (Laughter)

I never imagined anything like this.

It wasn't exactly what I had in mind.

I rather fancy, sir, that his lordship's bit of time will have run out by then.

And you'll see what I mean because I'll change that assumption in a second.

So negative 8, 4 is that point right there.

Definitely didn't picture my demise like this.

So, one needs to be careful with disciplinary conventions.

I'm risking my career here.

But this is the same choice you guys just faced.

Spouter Inn Peter Coffin. Coffin? Spouter? Rather ominous in that particular connexion, thought I.

How come you didn't figure the outside lamps?

I thought you were never gonna do that.

Wow. Crap. I, uh

I would like to leave you with a message.

And Frobisher's people are spinning his case exactly the way we would expect them to.

And for this analysis, let's assume that we had 40 athletes that were tested twice.

The year after that it's 35.

Risk

is

Risk

We are not encouraged to take risks as educators, right?

We all do. You want to risk it all on one junkie?

That's exactly what we're gonna do in inferential statistics.

Okay, back to the example.

I'm now supporting Stewart's position, softly, from a risk management standpoint, agreeing that the risks of overheating the planet outweigh the risk of nuclear incident, which certainly is possible and is a very real problem.

So what, you think he knew that his sister was gonna tell us?

The cubicle in the center aisle with the view of the ladies room instead?

OK. That completely destroys the relationship between the business and the sidewalk, where the theoretical pedestrians are.

And that's our answer. f of z is negative 2z plus 3.

But anyway, the whole point of this video is, is when you have these asset bubbles, like in real estate, and you have this downplaying of risk, and this psychology that an asset class can only go up.