[HN Gopher] Probability, Mathematical Statistics, Stochastic Pro...
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       Probability, Mathematical Statistics, Stochastic Processes
        
       Author : happy-go-lucky
       Score  : 45 points
       Date   : 2021-03-03 17:21 UTC (5 hours ago)
        
 (HTM) web link (www.randomservices.org)
 (TXT) w3m dump (www.randomservices.org)
        
       | jmt_ wrote:
       | On a side note, randomservices.org is a great resource. Used it
       | as a reference often through my statistics undergrad.
        
         | anon_tor_12345 wrote:
         | agreed. it is a very very good reference for a lot of stats and
         | probability at even the grad level.
        
       | cesarosum wrote:
       | To the programmer, developer or casual visitor looking at this
       | and wondering whether it's worth the time and effort to dig into
       | this, it is. Most of what's covered here can be understood with
       | undergrad calculus, and will give you a solid basis for
       | understanding and modelling random phenomena you may encounter in
       | your studies, work or hobby.
       | 
       | Fun fact to get you started, Nakamoto suggested in the original
       | Bitcoin paper that blocks would be added to the Bitcoin
       | blockchain according to a homogenous Poisson process (spoiler
       | alert: it's definitely not).
        
         | drexlspivey wrote:
         | > Fun fact to get you started, Nakamoto suggested in the
         | original Bitcoin paper that blocks would be added to the
         | Bitcoin blockchain according to a homogenous Poisson process
         | (spoiler alert: it's definitely not).
         | 
         | Care to elaborate why it's not a Poisson process?
        
           | Schiphol wrote:
           | It wouldn't be if block additions caused more additions,
           | which is perhaps plausible?
        
           | cesarosum wrote:
           | It's definitely not a _homogenous_ Poisson process, mainly
           | because of the random changes to mining difficulty and
           | propagation delays. There 's a good paper here looking at
           | block arrival times and fitting some different models -
           | https://arxiv.org/pdf/1801.07447.pdf
        
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       (page generated 2021-03-03 23:01 UTC)