![]() ![]() The implication being that race has a causal effect on college completion rates. According to government research, 56% of White 25- to 29-year-olds had completed a college degree in 2019, compared to just 36% of black individuals of the same age. Educational Attainment and Race: Social scientists have focused on identifying which variables impact educational attainment.It is a fun conversation piece but probably not something a serious financial advisor would recommend as an investment strategy for clients. A 95 confidence interval is an interval estimator. ![]() The interpretation of a confidence interval remains a hotly contested matter in many circles. Since the beginning of the Super Bowl era, the indicator has been accurate around 74% of the time, or 40 out of the 54 years, according to OpenMarkets. Youve correctly identified that the shaded region is likely a confidence interval (the confidence level is unknown but it is reasonable to assume it is 95). Super Bowl Indicator: In late January, there is often chatter about the so-called Super Bowl indicator, which suggests that a win by the American Football Conference team likely means that the stock market will go down in the coming year, whereas a victory by the National Football Conference team portends a rise in the market.If shirt lengths are short, the market is bullish. If skirt lengths are long, the correlation is that the stock market is bearish. The correlation coefficient r measures the direction and strength of a linear relationship. Skirt Length Theory: Originating in the 1920s, the skirt length theory holds that skirt lengths and stock market direction are correlated. ![]()
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