Vilnius, Lithuania
Expert in data analytics and data science with multiple successful finished projects under my belt.
Worked in Vinted, Exacaster, Adform, Euromonitor.
MY TOPICSTopic is a subject user would like to share its knowledge about.Worked in Vinted, Exacaster, Adform, Euromonitor.
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Constructive and expansive, great insights.
Curious about something?If you want to learn more about something Mangirdas might know, don't hesitate, just ask them to share an insight.
How does Latvia/Estonia card spending differ so much from Lithuania?
Lithuania differs by 10+% 🤔
Does push for less cash by private and central bank show results? Or other reasons?
Payment card data suggests that the drop in consumption during the second wave of Covid-19 is much smaller than in Spring and is “localized” only in some sectors (more goods, fewer services). Less uncertainty about the future income and jobs, progress on a vaccine front, readiness to sell and buy online and other factors contribute to a milder economic effects.
Nerijus MačiulisEconomist, investor, teacher, runner, diver.
Bigger (later) transition from cash to cashless, also consumption in Lithuania seems to be affected less than in the other countries.
Looking for something to watch on Sunday evening?
Give a shot to “David Attenborough: A Life On Our Planet” on Netflix.
Trailer: https://www.youtube.com/watch?v=64R2MYUt394
Andrew Lim Mao TungWindows System Admin with a passion to motivate and likes Technology.
Sad truth is that corporation only thinks of profits, one day I was in a rooftop of a hotel, as we going to fix a satellite dish for broadband. I saw a lot of dead pigeon and droppings.
This movie hope to give awareness to our future generations.
Hi Mangirdas!
What statistical concepts should every person know in order to get a better understanding of social science research, such as economics, sociology, psychology, etc.?
As a psychologist, I see a lot of value in understanding the following:
- population vs. sample vs. data
- independent vs. dependent variable
- causation vs. correlation vs. regression
- moderation vs. mediation
- gaussian vs. bayesian statistics
Hope it's not to much. Thanks!
Asked by Povilas Godliauskas
Thanks for the question! This is a broad one. Let me talk about one point for now.
Binary outcome VS multi-option(or even continuous) outcomes.
We(people) tend to generalise everything to binary - yes/no outcomes too much.
1. Profit or Loss
2. Success or Failure
3. Happy or Sad
4. Political right or left
However, world is more complex than that. Thus we should think more about multi-option outcomes. Maybe this way we could better understand social phenomena and each other.
5
Want to generalise a bit on Marius insight.
Did society always struggled to keep people in charge accountable for their promises? Or is it just a recent trend?
My opinion.
It became hard to even remember promises due to increase in information overflow from web/TV. Not even talking about making someone accountable.
What do you think?
Hedge fund billionaire Chris Hohn: ‘Asset management industry is a joke’ on climate change
Donall ToweyPartnerships & Growth <> Alum @ Google | Bain
A clear record of promises may be part of the challenge.
Another way to view this is leaders are actually held to account quite well. However only by strongly motivated and aligned groups.
There’s a fair bit of game theory that explores this. Also as a quick watch “Rules for Rulers” on YouTube is an interesting take on this.
Quibi is shutting down just 6 months after launch and whooping $1.75 billion raised..
https://news.crunchbase.com/news/quibi-shutting-down/
Quibi Is Shutting Down After Raising $1.75B In Funding
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