404 karma · joined August 15, 2018
Examples of this are Rye and Oats.
The exact weightings are not known to the students applying, but it's safe to say you can't just minmax on the standardized test.
I don't know if you've picked up the tone of some of the other comments in this thread, but people feel very strongly about what factors should be considered in college admissions. Almost no people will defend legacy admissions, few will defend athletic admissions, some will defend musicians, many will defend GPA and standardized testing.
College admissions are zero sum, and different weightings benefit one group over another. For example, "Asians" (the US does not differentiate South Asian [India, etc] from East Asians [China, Korea, Japan]) have very high test scores in the US. If you base your college admissions just on taking the people with the highest test scores, you would get a massive over-representation of Asians. Schools have decided that isn't what they want, so they take people with worse test scores in order to "balance" the student population.
This infuriates the people passed over in the name of "balance", naturally.
* Graded homework
* Papers/Project/Labs
* Midterm/Final Exam
The teacher chooses the exact mix per class, so it's possible you fail even if you ace the exams, or pass even if you fail the exams. This variability is why the standardized tests exist.
It's a convenient way to compare students from different schools. The per school graduation exams have the benefit of allowing customization on a per school (per class, even) basis. This customization is one of the good things about the US education system, IMO. We are not like Germany, with the track set for the student (Gymnasium vs trade school) at middle school age, nor are we like India, China, and Japan (single extremely high stakes test).
US schooling is uneven. Some of the schools are very good (well funded private, religious schools with a focus on schooling instead of dogma, public schools in wealthy areas). Some are terrible (public schools in poor areas, public schools in cities).
Standardized testing, when viewed from one angle, makes the world more even: the test "doesn't care" (debated) what race you are, the wealth of your parents, etc. It "objectively" (debated) measures aptitude, giving equal opportunity to all.
I'm fairly sympathetic to that view, and I'm also skeptical that removing the standardized testing requirements will lead to more equality. Standardized testing seems like the method least susceptible to rigging by rich parents, what will they replace it with that is fairer?
Even assuming that insurance companies act as naive rationalists believe they do, losses are socialized. In actual fact, insurance companies are able to price discriminate against policy holders likely to cost more than the average cost in the future, especially if likelihood of future losses are as public as court proceedings.
If you sell software, do you let the old stuff atrophy and become insecure? If not, you are spending salaries on maintenance without any associated revenue. As time goes on, the maintenance costs increase without bringing in another cent.
The air pollution currently in China is pretty bad, but air pollution goes away pretty quickly after you turn off the coal plants, and oversized promises to pensioners seems like a pretty easy obligation to amend when you have total control over the state.
In the past, selling music meant having access to capital equipment (the vinyl presses), access to marketing budgets, and access to the record shop inventories.
Now, music can "pressed" for free by Spotify, Apple Music et all, shelf space is not limited (computer storage is cheap!), and the marketing can be done online more cheaply (I assume).
With all these stories of successful artists in the past (like Erroll Garner) and in the present (like Taylor Swift) being chained by their record companies, why do present day artists sign with a record label?
I'm sure I'm missing some key facet of the business, what is it?
I think it's interesting to the modal HN viewer because although FFTs are pretty neat intrinsically, but most people are exposed to FFTs through sound processing (if they are exposed to Fourier Transforms at all, I don't think they were a required part of the CS curriculum at my university, they were only required for the EE courses), so the application of FFTs to images seems like total magic.
The explanation that jpegs use FFTs is ho-hum if you spend a bunch of time doing signal processing at your day job, but there are many intellectually curious developers who spend their day job gluing together CRUD apps.
Insider trading is illegally profiting on information that was given to you in trust, while naked short selling is short selling without a documented ability to deliver the stock.
As far as I can gather from english language articles, the regulator has banned short selling in response to an article alleging fraud at wirecard. Bloomberg describes this as "unprecedented".
https://www.bloomberg.com/news/articles/2019-02-18/bafin-ban...