How Much to Lose With Bad Lottery Numbers

Reading Time: 3 minutes I think most people have played lotteries such as 6aus49 or Eurojackpot (if you’re in Germany or anywhere in Europe) at least once in their lives. Some even play on a regular basis even though gambling will lose them money in the long run, at least, statistically speaking. Despite the fact, lotteries still tend to entice people into accepting small losses for the opportunity of large gains.

Frequent pattern mining in EDGAR log files

Reading Time: 3 minutes Frequent pattern mining – or association rule learning – is a concept from machine learning used to discover strong rules in large databases. Popular applications are for example supermarket transactions: {tooth brush} → {tooth paste}. People who buy tooth brushes are likely to buy toothpaste as well. Another example could be {butter, bread, milk} → {cheese}.