This post presents a real highlight: We will build and backtest a quantitative trading strategy in R with the help of OpenAI’s ChatGPT-4! If you want to get a glimpse into the future of trading system development, read on!
Continue reading “Building and Backtesting a Volatility-based Trading Strategy with ChatGPT”
Category: Statistics
Posts about statistics
Polycrisis: When Will the World End? Professor Gott’s Equation Gives an Answer! (Also as a Video!)
The 21st century has been marked by a series of global crises – from environmental degradation and pandemics to economic instability and political unrest.
As we hurtle forward towards the future, it’s becoming increasingly clear that the challenges we face as a species are numerous and interlinked, the word “polycrisis” is making the rounds.
These pressing issues raise the question: will humanity survive in the long term, or are we facing extinction – and if so, when? If you want to learn about a method to predict doomsday, read on!
Continue reading “Polycrisis: When Will the World End? Professor Gott’s Equation Gives an Answer! (Also as a Video!)”
Create Texts with a Markov Chain Text Generator… and what this has to do with ChatGPT!
Everybody and their dog are talking about ChatGPT from OpenAI. If you want to get an intuition about what lies at the core of such Language Models, read on!
Continue reading “Create Texts with a Markov Chain Text Generator… and what this has to do with ChatGPT!”
How Stable is China?
The current protests in China make many people wonder whether the situation will escalate further.
For a demographics-based analysis (youth bulge theory), read on!
Continue reading “How Stable is China?”
World Cup 2022: My Prediction for Germany in the Group Stage (also as a Video)!
Predicting football (a.k.a. soccer) games based on statistical models has been one of my hobbies for many years now.
Here, I will give you my prediction for Germany in the group stage of the World Cup 2022 with full R-code, so read on!
Continue reading “World Cup 2022: My Prediction for Germany in the Group Stage (also as a Video)!”
Which Gender is associated with this Name? R to the R-escue!
When addressing somebody unknown to you with an uncommon name e.g. in an email you might not know whether this person is male or female. In this post, we make it a little fun project to let R help us with that, so read on!
Continue reading “Which Gender is associated with this Name? R to the R-escue!”
Youth Bulge Theory: Why there won’t be an Uprising in Russia
Many wonder why there are so few protests in Russia over the brutal war against Ukraine. An answer could lie in the youth bulge theory which we will use again to explain the relative lethargy of the Russian populace, so read on!
Continue reading “Youth Bulge Theory: Why there won’t be an Uprising in Russia”
Corona-Superspreading or just “Wiesn-flu”? Should the Oktoberfest be cancelled again?
The Oktoberfest in Munich, also called “Wiesn” in the local Bavarian dialect, is the world’s largest Volksfest. It had been cancelled for the last two years due to COVID-19. Stakes are running high whether it should be cancelled again this year. To get some perspective, read on!
Continue reading “Corona-Superspreading or just “Wiesn-flu”? Should the Oktoberfest be cancelled again?”
Please Subscribe to My New (German) Data Science YouTube Channel!
I am in the middle of creating a new German YouTube channel that is centered around data science and R! I put a lot of effort into it to serve the interests of the community.
If you want to be a part of the process, watch interesting videos with data-based analyses and look behind the scenes, please consider subscribing to the channel!
The number of subscriptions is also vital for the YouTube algorithm to recommend the videos to other viewers on the platform!
Continue reading “Please Subscribe to My New (German) Data Science YouTube Channel!”
The Success Paradox: Why even a little Bit of Luck often beats Skill
The skill-vs-luck debate never ceases to fascinate. Is it mainly skill, experience, hard work, and the “right” mindset that determines who is becoming successful, rich, or famous, or is it largely luck and fortunate circumstances?
In this post, we will conduct an illuminating simulation to show that even a small amount of luck can make all the difference! If you want to learn about the success paradox, read on!
Continue reading “The Success Paradox: Why even a little Bit of Luck often beats Skill”