Law of Large Numbers and the Central Limit Theorem (With Python)
Statistics does not usually go with the word "famous," but a few theorems and concepts of statistics find such universal application, that they deserve that tag. The Central Limit Theorem and the Law of Large Numbers are two such concepts.
Farmer Bills: India’s Step Towards Free Market Economics in Agriculture
Agriculture is the oldest source of employment and wealth generation for India. It affects the life of every single citizen of the country—it provides us with food and the raw materials for scores of items consumed every day. Several other
Google Silently Chucked the Dot (.) in Gmail Addresses; Chaos Followed
Gmail was the most popular fad in the early 2000's when it was rolled out as an invite only free email service by Google. Everyone I knew wanted one.What I did not know was that Gmail would, at any random
Opening Up the Economy: Containing the Spread of the Corona Virus in Public Spaces
The nature of the Corona Virus has most of the scientific community bewildered. It gives flashbacks to The Contagion. But technology and scientific progress have come a long way since the movie was released. As of today, in a span
Is Technology Only as Ethical As the People Wielding It?
Technology is created by humans. Humans do not come in packages of "ethical" and "unethical." Which is the primary reason why identifying ethical and unethical usage of technology is a rum business.Since time immemorial, human progress has led to unprecedented
Making Sense of COVID19 Data
It is mid July. Most people have been sort of following the news on COVID19 for four months, trying to make sense of it all. After all, it is not every day that the world gets hit by a pandemic
Causes of Involuntary Unemployment
Unemployment is making the headlines every day, in some part of the world. Yet, not many people fully understand the mechanics of unemployment, its many types or many causes. For good reason though, because the economics of unemployment can be
What is Purchasing Power Parity (PPP) & Why Does it Matter?
Arti Agarwal · What is Purchasing Power Parity (PPP) & Why Does it Matter?GDP or Gross Domestic Product is a measure of how much the population of a country is contributing to its economic growth, and hence, how much the