August 18, 2024 Weekly: Latest Updates and Insights US Economic Indicators for July 2024: In July 2024, the US reported a seasonally adjusted core Consumer Price Index (CPI) increase of 0.2%, aligning with expectations and up from a previous value of 0.1%. The unadjusted CPI year-on-year rate stood at 2.9%, slightly below the anticipated 3.0%, […]
The Anderson-Darling test is a statistical test used to determine if a sample comes from a population with a specific distribution. It is particularly useful for assessing whether a dataset follows a normal distribution. Key Points Advantages of the Anderson-Darling Test Performing the Anderson-Darling Test in Python You can perform the Anderson-Darling test in Python
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The Shapiro-Wilk test is a widely used statistical test for assessing the normality of a dataset. It helps determine whether a sample comes from a normally distributed population. This test is particularly useful in fields such as data science, finance, and biology, where the assumption of normality is often critical for further statistical analysis. Understanding
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August 11, 2024 Google Loses Major Antitrust Lawsuit:A federal judge ruled that Google violated antitrust laws in building its internet search empire, finding the company to be a monopolist that engaged in unlawful practices to maintain its dominance; the landmark decision could have significant implications for how people use the internet and could lead to
August 11, 2024 Weekly: Latest Updates and Insights Russia Legalizes Cryptocurrency Mining: Russian President Vladimir Putin has signed a law legalizing cryptocurrency mining in Russia, introducing new concepts such as digital currency mining, mining pools, and mining infrastructure operators. The law grants mining rights to Russian legal entities and individual entrepreneurs included in a register,
August 05, 2024 Major Transformations in Tech Jobs Due to AI Demand Reskilling: A recent report highlights that 92% of ICT-related jobs will experience significant changes due to AI advancements, necessitating new skills such as AI literacy and data analytics. In response, major companies like Cisco, Google, and Microsoft are committing to extensive training programs
August 04, 2024 Weekly: Latest Updates and Insights Traders Brace for Fed’s Rate Policy Outlook: As the Federal Reserve’s July policy meeting approaches, investors are shifting their focus from immediate interest rate decisions to potential signals for rate cuts in September. Market participants expect the Fed to maintain its current rate while closely monitoring statements
Here’s a project idea that you can publish on your website to showcase your skills as a Quantitative Analyst: Project: “Stock Market Analysis and Prediction using Machine Learning” Objective: To analyze the historical stock prices of a selected company and build a predictive model to forecast future stock prices using machine learning techniques. Dataset: Choose
July 28, 2024 Goldman Sachs Analyzes Signs of Slowing U.S. Consumer Spending: While U.S. consumer spending is showing signs of slowing, Goldman Sachs Research views this as more of a normalization rather than an indication of a looming downturn, citing factors such as relatively high levels of employment, household wealth, and low debt levels that
July 27, 2024 Weekly: Latest Updates and Insights Ethereum ETFs Attract $107 Million in First Day of Flows: James Seyffart has reported that Ethereum ETFs garnered $107 million in inflows on their first full day of trading. This significant interest highlights the growing demand for Ethereum investment products in the cryptocurrency market. U.S. Q2 GDP
