10.20.2012

Day 515

Yesterday evening started fall break!  AHHHH!  But before break, I had other things to do.  Actually, I didn't have that much to do in the morning.  Kimmy had to go to work, but I just relaxed around the house.  It felt so relieving to not have anything immediately due.

After some lunch I went to class.  In Dr. Foley's class we talked some more about properly determining a distribution for your data set.  This is often approximated with some flavor of a known distribution.  For example the size of an insurance claim is often called "severity."  Severity generally follows a Poisson distribution (which measures the probability of a certain number of things occurring in a given time), Binomial (the probability of getting outcome A a certain number of times and outcome B a certain number of times), or Negative Binomial (the probability of getting the last (of a certain number) of successes out of a given number of attempts).  Those are all things we've had to learn for other class/exams.  So this class built on that knowledge and we looked at comparing these distributions and some different properties of them.

In between classes I went to the Atrium with Tim and Dustin.  There is a side room where we normally sit.  As we walked in we heard a cleaning lady say to another co-worker that "we really need to start locking that door," meaning the one going into that room.  As she left she locked the door so that people could not get in.  But it seemed silly that if they didn't want people in the room that they wouldn't just tell us to leave.  Instead they just prevented anyone new from entering.  I didn't get it.

During Mr. Owens' class we reviewed the class schedule, then began talking about new types of derivative options.  It was pretty interesting.  In the past we've mainly talked about options that you can use on a certain day (European options) or that you can use on any day (American).  Yesterday we discussed a type that give you money based off of an average stock price (Asian) or a different kind that only pays out if the stock price is in a specific range.  So it was cool.

When I got home Kimmy was sleeping.  She and I both have a bit of a cold, so we've been trying to get extra sleep.  After she got up we made some leftovers for dinner, then we went grocery shopping.  She's working this morning, so we couldn't go at our normal time.  We're going to make pumpkin bread!  I'm pretty excited.

After we got back we just relaxed.  Actually, we went to bed pretty early since Kimmy had to work and we were both really tired.  We're pretty exciting people!

So there's that.  The end.

No comments:

Post a Comment