Jacob Adams Roese

The most important aspect of the course was learning how to adjust to information technology as a language, and being able to apply the language to a business situation. For example, using MySQL and Rstudio took a degree of adjusting to technology language, but once understood, I was able to tell a story with the data. If an employer asked what I…[Read more]

Business questions: what will be my expected return on investment in the derivatives market in a specific position and economic condition?
Variables need: volatility, time, interest rate, dividend yield (y/n), market price, strike price, probability of price up-move, probability of price down-move.
This situation can be examined in multi-period…[Read more]

A team at Cornell University used an R package called “sphet” to estimate and test spatial models with heteroskedastic innovations. R is used to take datasets containing variables and observations to generate conclusions (spatial matrices) that improve efficiency and consistency. It creates a tool for estimating variance-covariances of events to…[Read more]

http://www.dailyinfographic.com/wp-content/uploads/2014/02/beercoffee-640×1960.png

This infographic explains the effects coffee and beer have on one’s brain and behavior. I like this because it uses that relationship to tell a story of how one can use beer to be creative and coffee to focus on implementing the creativity. The infographic…[Read more]

Creating an ERD is kind of like learning a new language, so I think the trickiest part is gearing your mind to think in such language. Once one can understand what words and connections to look for in problem statement, the process will go much quicker. Therefore, my advise would be to practice finding those connecting words that create the…[Read more]

I ran a camp kitchen last summer in St. Croix, and kept a detailed inventory of food products and prices. Since the cost of food in St. Croix is much higher than state-side, I had to track every dollar spent. I collected data on each item, its price, quantity, where I bought it, and how much I actually used for one week. With these data pieces, I…[Read more]