PerfKit Benchmarker is an open source benchmarking tool used to measure and compare cloud offerings. PerfKit Benchmarker is licensed under the Apache 2 license terms. PerfKit Benchmarker is a community effort involving over 500 participants including researchers, academic institutions and companies together with the originator, Google. == General == PerfKit Benchmarker (PKB) is a community effort to deliver a repeatable, consistent, and open way of measuring Cloud Performance. It supports a growing list of cloud providers including: Alibaba Cloud, Amazon Web Services, CloudStack, DigitalOcean, Google Cloud Platform, Kubernetes, Microsoft Azure, OpenStack, Rackspace, IBM Bluemix (Softlayer). In addition to Cloud Providers to supports container orchestration including Kubernetes [1] and Mesos [2] and local "static" workstations and clusters of computers [3]. The goal is to create an open source living benchmark [framework] that represents how Cloud developers are building applications, evaluating Cloud alternatives, learning how to architect applications for each cloud. Living because it will change and morph quickly as developers change. PerfKit Benchmarker measures the end to end time to provision resources in the cloud, in addition to reporting on the most standard metrics of peak performance, e.g.: latency, throughput, time-to-complete, IOPS. PerfKit Benchmarker reduces the complexity in running benchmarks on supported cloud providers by unified and simple commands. It's designed to operate via vendor provided command line tools. PerfKit Benchmarker contains a canonical set of public benchmarks. All benchmarks are running with default/initial state and configuration (Not tuned to in favor of any providers). This provides a way to benchmark across cloud platforms, while getting a transparent view of application throughput, latency, variance, and overhead. == History == PerfKit Benchmarker (PKB) was started by Anthony F. Voellm, Alain Hamel, and Eric Hankland at Google in 2014. Once an initial "alpha" was in place Anthony F. Voellm and Ivan Santa Maria Filho built a community including ARM, Broadcom, Canonical, CenturyLink, Cisco, CloudHarmony, CloudSpectator, EcoCloud@EPFL, Intel, Mellanox, Microsoft, Qualcomm Technologies, Inc., Rackspace, Red Hat, Tradeworx Inc., and Thesys Technologies LLC. This community worked together behind the scenes in a private GitHub project to create an open way to measure cloud performance. This community released the first public "beta" was released on February 11, 2015, and announced in a blog post at which point the GitHub project was open to everyone. After almost a year and with large adaption (600+ participants on GitHub) the V1.0.0 was released along with a detailed architectural design on December 10, 2015. == Benchmarks == A list of available benchmarks from PerfKitBenchmarker: (The latest set of benchmarks can be found at GitHub readme file.) == Industry participants == Since Google open sourced the PerfKitBenchmarker, it became a community effort from over 30 leading researchers, academic schools and industry companies. Those organizations include: ARM, Broadcom, Canonical, CenturyLink, Cisco, CloudHarmony, Cloud Spectator, EcoCloud@EPFL, Intel, Mellanox, Microsoft, Qualcomm Technologies, Rackspace, Red Hat, and Thesys Technologies. In addition, Stanford and MIT are leading quarterly discussions on default benchmarks and settings proposed by the community. EcoCloud@EPFL is integrating CloudSuite into PerfKit Benchmarker. == Example runs == On Google Cloud Platform On AWS On Azure On Rackspace On a local machine
StatCrunch
StatCrunch is a web-based statistical software application from Pearson Education. StatCrunch was originally created for use in college statistics courses. As a full-featured statistics package, it is now also used for research and for other statistical analysis purposes. == History == American statistics professor Webster West created StatCrunch in 1997. Over the next 19 years West assisted by others added many more statistical procedures and graphing capabilities, and made user interface improvements. In 2005, West received two awards for StatCrunch: the CAUSEweb Resource of the Year Award and the MERLOT Classics Award. In 2013, the StatCrunch Java code was rewritten in JavaScript in order to avoid Java browser security problems, and so that it would run on iOS and Android. In 2015, new ways of importing data were added, including importing multi-page data directly from Wikipedia tables and other Web sources, and also importing with drag-and-drop for various data formats. In 2016, StatCrunch was acquired by Pearson Education, which had already been serving as the primary distributor of StatCrunch for several years. == Software == A StatCrunch license is included with many of Pearson's statistical textbooks. Because StatCrunch is a web application, it works on multiple platforms, including Windows, macOS, iOS, and Android. Data in StatCrunch is represented in a "data table" view, which is similar to a spreadsheet view, but unlike spreadsheets, the cells in a data table can only contain numbers or text. Formulas cannot be stored in these cells. There are many ways to import data into StatCrunch. Data can be typed directly into cells in the data table. Entire blocks of data may be cut-and-pasted into the data table. Text files (.csv, .txt, etc.) and Microsoft Excel files (.xls and .xlsx) can be drag-and-dropped into the data table. Data can be pulled into StatCrunch directly from Wikipedia tables or other Web tables, including multi-page tables. Data can be loaded directly from Google Drive and Dropbox. Shared data sets saved by other StatCrunch community users can be searched for by title or keyword and opened in a data table. Graphs, results, and reports created by StatCrunch can be shared with other users, in addition to the sharing of data sets. StatCrunch has a library of data transformation functions. StatCrunch can also recode and reorganize data. All data is stored in memory, and all processing happens on the client, so response is fast, even with large data sets. StatCrunch can interact with multiple graphs simultaneously. If a user selects a data point on one graph, then that same data point is highlighted on all other displayed graphs. In addition to standard statistical and graphing procedures, StatCrunch has a collection of about forty "applets" which illustrate statistical concepts interactively.
Halbert White
Halbert Lynn White Jr. (November 19, 1950 – March 31, 2012) was the Chancellor's Associates Distinguished Professor of Economics at the University of California, San Diego, and a Fellow of the Econometric Society and the American Academy of Arts and Sciences. == Education and career == White, a native of Kansas City, Missouri, graduated salutatorian from Southwest High School in 1968. He went on to study at Princeton University, receiving his B.A. in economics in 1972. He earned his Ph.D. in economics at the Massachusetts Institute of Technology in 1976, under the supervision of Jerry A. Hausman and Robert Solow. White spent his first years as an assistant professor in the University of Rochester before moving to University of California, San Diego (UCSD) in 1979. He remained at UCSD until his untimely death from cancer. == Research == White was well known in the field of econometrics for his 1980 paper on robust standard errors (which is among the most-cited paper in economics since 1970), and for the heteroscedasticity-consistent estimator and the test for heteroskedasticity that are named after him. A 1982 paper by White contributed strongly to the development of quasi-maximum likelihood estimation. He also contributed to numerous other areas such as neural networks and medicine. In 1999, White co-founded an economic consulting firm, Bates White, which is based in Washington, D.C.
Linguistic Systems
Linguistic Systems, Inc., also known as LSI, provides language translation services (conversion) for all media in over 115 languages. LSI focuses on the translation of legal, medical, business, institutional, academic, government and personal documents. LSI is headquartered in Cambridge, Massachusetts. == About LSI == Linguistic Systems, Inc. (LSI) was founded in 1967 by Martin Roberts. LSI's translates to/from 115 languages, DTP, audio-visual conversions, software localization, consecutive and simultaneous interpreting services, foreign brand name analysis, and machine translation with post-editing. LSI has provided translation services to over half of the Fortune 500 companies and most of the Fortune 100. Among its clients are AT&T, Boeing, Citigroup, Coca-Cola, DuPont, Exxon-Mobil, General Electric, General Motors, Hewlett-Packard, IBM, Johnson & Johnson, Pfizer, Procter & Gamble, Simon & Schuster, Time Warner, Verizon, and Walmart. As of 2013, LSI had a network of more than 7,000 translators who translate into their native languages; These include lawyers, scientists, engineers, and other bilingual professionals.
Quotient automaton
In computer science, in particular in formal language theory, a quotient automaton can be obtained from a given nondeterministic finite automaton by joining some of its states. The quotient recognizes a superset of the given automaton; in some cases, handled by the Myhill–Nerode theorem, both languages are equal. == Formal definition == A (nondeterministic) finite automaton is a quintuple A = ⟨Σ, S, s0, δ, Sf⟩, where: Σ is the input alphabet (a finite, non-empty set of symbols), S is a finite, non-empty set of states, s0 is the initial state, an element of S, δ is the state-transition relation: δ ⊆ S × Σ × S, and Sf is the set of final states, a (possibly empty) subset of S. A string a1...an ∈ Σ is recognized by A if there exist states s1, ..., sn ∈ S such that ⟨si-1,ai,si⟩ ∈ δ for i=1,...,n, and sn ∈ Sf. The set of all strings recognized by A is called the language recognized by A; it is denoted as L(A). For an equivalence relation ≈ on the set S of A’s states, the quotient automaton A/≈ = ⟨Σ, S/≈, [s0], δ/≈, Sf/≈⟩ is defined by the input alphabet Σ being the same as that of A, the state set S/≈ being the set of all equivalence classes of states from S, the start state [s0] being the equivalence class of A’s start state, the state-transition relation δ/≈ being defined by δ/≈([s],a,[t]) if δ(s,a,t) for some s ∈ [s] and t ∈ [t], and the set of final states Sf/≈ being the set of all equivalence classes of final states from Sf. The process of computing A/≈ is also called factoring A by ≈. == Example == For example, the automaton A shown in the first row of the table is formally defined by ΣA = {0,1}, SA = {a,b,c,d}, sA0 = a, δA = { ⟨a,1,b⟩, ⟨b,0,c⟩, ⟨c,0,d⟩ }, and SAf = { b,c,d }. It recognizes the finite set of strings { 1, 10, 100 }; this set can also be denoted by the regular expression "1+10+100". The relation (≈) = { ⟨a,a⟩, ⟨a,b⟩, ⟨b,a⟩, ⟨b,b⟩, ⟨c,c⟩, ⟨c,d⟩, ⟨d,c⟩, ⟨d,d⟩ }, more briefly denoted as a≈b,c≈d, is an equivalence relation on the set {a,b,c,d} of automaton A’s states. Building the quotient of A by that relation results in automaton C in the third table row; it is formally defined by ΣC = {0,1}, SC = {a,c}, sC0 = a, δC = { ⟨a,1,a⟩, ⟨a,0,c⟩, ⟨c,0,c⟩ }, and SCf = { a,c }. It recognizes the finite set of all strings composed of arbitrarily many 1s, followed by arbitrarily many 0s, i.e. { ε, 1, 10, 100, 1000, ..., 11, 110, 1100, 11000, ..., 111, ... }; this set can also be denoted by the regular expression "10". Informally, C can be thought of resulting from A by glueing state a onto state b, and glueing state c onto state d. The table shows some more quotient relations, such as B = A/a≈b, and D = C/a≈c. == Properties == For every automaton A and every equivalence relation ≈ on its states set, L(A/≈) is a superset of (or equal to) L(A). Given a finite automaton A over some alphabet Σ, an equivalence relation ≈ can be defined on Σ by x ≈ y if ∀ z ∈ Σ: xz ∈ L(A) ↔ yz ∈ L(A). By the Myhill–Nerode theorem, A/≈ is a deterministic automaton that recognizes the same language as A. As a consequence, the quotient of A by every refinement of ≈ also recognizes the same language as A.
World Database of Happiness
The World Database of Happiness is a web-based archive of research findings on subjective appreciation of life, based in the Erasmus Happiness Economics Research Organization of the Erasmus University Rotterdam in The Netherlands. The database contains both an overview of scientific publications on happiness and a digest of research findings. Happiness is defined as the degree to which an individual judges the quality of his or her life as a whole favorably. Two 'components' of happiness are distinguished: hedonic level of affect (the degree to which pleasant affect dominates) and contentment (perceived realization of wants). == Aims == The World Database of Happiness is a tool to quickly acquire an overview on the ever-growing stream of research findings on happiness Medio 2023 the database covered some 16,000 scientific publications on happiness, from which were extracted 23,000 distributional findings (on how happy people are) and another 24,000 correlational findings (on factors associated with more and less happiness). The first findings date from 1915. == Technique == The World Database of Happiness is a ‘findings archive’, which consists of electronic ‘finding pages’ on which separate research results are described in a standard format and terminology. These finding pages can be selected on various characteristics, such as population studies, the measure of happiness used and observed co-variates. All finding-pages have a specific internet address to which links can be made in scientific review papers or policy recommendations. This allows a concise presentation of many findings in a table, while providing readers with access to detail. == Scientific use == The Database has been cited in 254 scientific papers, for example to access under what conditions economic growth enhances average happiness or to show that rising mean happiness at first raises happiness inequality, but further rise will diminish these differences, or that healthy eating is associated with more happiness, even after controlling for the effect on health Another finding is that relative simple happiness training techniques raise happiness by some 5% == Popular use == The World Database of Happiness is often used by popular media to make lists of the happiest countries around the globe. An example is the Happy Planet Index, which aims to chart sustainable happiness all over the world by combining data on longevity, happiness and the size of the ecological footprint of citizens. == Strengths and weaknesses == The database has a clear conceptual focus, it includes only research findings on subjective enjoyment of one's life as a whole. Thereby it evades the Babel that has haunted the study of happiness for ages. The other side of that coin is that much interesting research is left out. The findings are reported with technical details about measurement and statistical analysis. This detail is welcomed by scholars, but makes the information difficult to digest for lay-persons. Still another limitation is that the determinants of happiness appear to vary considerably across persons and situations, which make it hard to draw general conclusions about the causes of happiness. What is clear is that poor health, separation, unemployment and lack of social contact are all strongly negatively associated with happiness. Another problem for the World database of happiness is that the studies on happiness increase with such a high rate that it gets increasingly difficult to offer a complete overview of all research findings. A further concern is that the Database of Happiness is exclusively focused on hedonic happiness (feeling good) and not on mature happiness that might exist in the face of suffering
Markov switching multifractal
In financial econometrics (the application of statistical methods to economic data), the Markov-switching multifractal (MSM) is a model of asset returns developed by Laurent E. Calvet and Adlai J. Fisher that incorporates stochastic volatility components of heterogeneous durations. MSM captures the outliers, log-memory-like volatility persistence and power variation of financial returns. In currency and equity series, MSM compares favorably with standard volatility models such as GARCH(1,1) and FIGARCH both in- and out-of-sample. MSM is used by practitioners in the financial industry for different types of forecasts. == MSM specification == The MSM model can be specified in both discrete time and continuous time. === Discrete time === Let P t {\displaystyle P_{t}} denote the price of a financial asset, and let r t = ln ( P t / P t − 1 ) {\displaystyle r_{t}=\ln(P_{t}/P_{t-1})} denote the return over two consecutive periods. In MSM, returns are specified as r t = μ + σ ¯ ( M 1 , t M 2 , t . . . M k ¯ , t ) 1 / 2 ϵ t , {\displaystyle r_{t}=\mu +{\bar {\sigma }}(M_{1,t}M_{2,t}...M_{{\bar {k}},t})^{1/2}\epsilon _{t},} where μ {\displaystyle \mu } and σ {\displaystyle \sigma } are constants and { ϵ t {\displaystyle \epsilon _{t}} } are independent standard Gaussians. Volatility is driven by the first-order latent Markov state vector: M t = ( M 1 , t M 2 , t … M k ¯ , t ) ∈ R + k ¯ . {\displaystyle M_{t}=(M_{1,t}M_{2,t}\dots M_{{\bar {k}},t})\in R_{+}^{\bar {k}}.} Given the volatility state M t {\displaystyle M_{t}} , the next-period multiplier M k , t + 1 {\displaystyle M_{k,t+1}} is drawn from a fixed distribution M with probability γ k {\displaystyle \gamma _{k}} , and is otherwise left unchanged. The transition probabilities are specified by γ k = 1 − ( 1 − γ 1 ) ( b k − 1 ) {\displaystyle \gamma _{k}=1-(1-\gamma _{1})^{(b^{k-1})}} . The sequence γ k {\displaystyle \gamma _{k}} is approximately geometric γ k ≈ γ 1 b k − 1 {\displaystyle \gamma _{k}\approx \gamma _{1}b^{k-1}} at low frequency. The marginal distribution M has a unit mean, has a positive support, and is independent of k. ==== Binomial MSM ==== In empirical applications, the distribution M is often a discrete distribution that can take the values m 0 {\displaystyle m_{0}} or 2 − m 0 {\displaystyle 2-m_{0}} with equal probability. The return process r t {\displaystyle r_{t}} is then specified by the parameters θ = ( m 0 , μ , σ ¯ , b , γ 1 ) {\displaystyle \theta =(m_{0},\mu ,{\bar {\sigma }},b,\gamma _{1})} . Note that the number of parameters is the same for all k ¯ > 1 {\displaystyle {\bar {k}}>1} . === Continuous time === MSM is similarly defined in continuous time. The price process follows the diffusion: d P t P t = μ d t + σ ( M t ) d W t , {\displaystyle {\frac {dP_{t}}{P_{t}}}=\mu dt+\sigma (M_{t})\,dW_{t},} where σ ( M t ) = σ ¯ ( M 1 , t … M k ¯ , t ) 1 / 2 {\displaystyle \sigma (M_{t})={\bar {\sigma }}(M_{1,t}\dots M_{{\bar {k}},t})^{1/2}} , W t {\displaystyle W_{t}} is a standard Brownian motion, and μ {\displaystyle \mu } and σ ¯ {\displaystyle {\bar {\sigma }}} are constants. Each component follows the dynamics: The intensities vary geometrically with k: γ k = γ 1 b k − 1 . {\displaystyle \gamma _{k}=\gamma _{1}b^{k-1}.} When the number of components k ¯ {\displaystyle {\bar {k}}} goes to infinity, continuous-time MSM converges to a multifractal diffusion, whose sample paths take a continuum of local Hölder exponents on any finite time interval. == Inference and closed-form likelihood == When M {\displaystyle M} has a discrete distribution, the Markov state vector M t {\displaystyle M_{t}} takes finitely many values m 1 , . . . , m d ∈ R + k ¯ {\displaystyle m^{1},...,m^{d}\in R_{+}^{\bar {k}}} . For instance, there are d = 2 k ¯ {\displaystyle d=2^{\bar {k}}} possible states in binomial MSM. The Markov dynamics are characterized by the transition matrix A = ( a i , j ) 1 ≤ i , j ≤ d {\displaystyle A=(a_{i,j})_{1\leq i,j\leq d}} with components a i , j = P ( M t + 1 = m j | M t = m i ) {\displaystyle a_{i,j}=P\left(M_{t+1}=m^{j}|M_{t}=m^{i}\right)} . Conditional on the volatility state, the return r t {\displaystyle r_{t}} has Gaussian density f ( r t | M t = m i ) = 1 2 π σ 2 ( m i ) exp [ − ( r t − μ ) 2 2 σ 2 ( m i ) ] . {\displaystyle f(r_{t}|M_{t}=m^{i})={\frac {1}{\sqrt {2\pi \sigma ^{2}(m^{i})}}}\exp \left[-{\frac {(r_{t}-\mu )^{2}}{2\sigma ^{2}(m^{i})}}\right].} === Conditional distribution === === Closed-form Likelihood === The log likelihood function has the following analytical expression: ln L ( r 1 , … , r T ; θ ) = ∑ t = 1 T ln [ ω ( r t ) . ( Π t − 1 A ) ] . {\displaystyle \ln L(r_{1},\dots ,r_{T};\theta )=\sum _{t=1}^{T}\ln[\omega (r_{t}).(\Pi _{t-1}A)].} Maximum likelihood provides reasonably precise estimates in finite samples. === Other estimation methods === When M {\displaystyle M} has a continuous distribution, estimation can proceed by simulated method of moments, or simulated likelihood via a particle filter. == Forecasting == Given r 1 , … , r t {\displaystyle r_{1},\dots ,r_{t}} , the conditional distribution of the latent state vector at date t + n {\displaystyle t+n} is given by: Π ^ t , n = Π t A n . {\displaystyle {\hat {\Pi }}_{t,n}=\Pi _{t}A^{n}.\,} MSM often provides better volatility forecasts than some of the best traditional models both in and out of sample. Calvet and Fisher report considerable gains in exchange rate volatility forecasts at horizons of 10 to 50 days as compared with GARCH(1,1), Markov-Switching GARCH, and Fractionally Integrated GARCH. Lux obtains similar results using linear predictions. == Applications == === Multiple assets and value-at-risk === Extensions of MSM to multiple assets provide reliable estimates of the value-at-risk in a portfolio of securities. === Asset pricing === In financial economics, MSM has been used to analyze the pricing implications of multifrequency risk. The models have had some success in explaining the excess volatility of stock returns compared to fundamentals and the negative skewness of equity returns. They have also been used to generate multifractal jump-diffusions. == Related approaches == MSM is a stochastic volatility model with arbitrarily many frequencies. MSM builds on the convenience of regime-switching models, which were advanced in economics and finance by James D. Hamilton. MSM is closely related to the Multifractal Model of Asset Returns. MSM improves on the MMAR's combinatorial construction by randomizing arrival times, guaranteeing a strictly stationary process. MSM provides a pure regime-switching formulation of multifractal measures, which were pioneered by Benoit Mandelbrot.