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Wired on the 'Copula' formula. Aptly named because it's what left us all f$%^ed. - Printable Version

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Wired on the 'Copula' formula. Aptly named because it's what left us all f$%^ed. - Seacrest - 02-24-2009

http://www.wired.com/techbiz/it/magazine/17-03/wp_quant


Re: Wired on the 'Copula' formula. Aptly named because it's what left us all f$%^ed. - kj - 02-24-2009

I haven't sat down and read that yet (too complicated to read on the toilet), but it looks interesting. I don't know about blaming a formula though. kj.


Re: Wired on the 'Copula' formula. Aptly named because it's what left us all f$%^ed. - JoeH - 02-25-2009

Essentially boils down to a formula that was significant as a Math solution to estimating joint risk being used by persons who did not understand the math and the limitations of the formula. But since it gave a quick "number", everyone started using it.