mothlos - Slashdot User

Comment Don't Blame the Equation (Score 4, Insightful) 561

by mothlos on Tuesday March 03, 2009 @09:46AM (#27050303) Attached to: The Formula That Killed Wall Street

This seems to be a popular story for the past few weeks, but it is a mistake to blame the statistical method used. The problem wasn't that they were all using the equaton, it is that they were all mis-using the equation. All statistical tools can fail to be sensitive to certain aspects which may be critical to an application.

People in finance applied these statistical tools believing that they would be able to master risk with them. Unfortunately, they made assumptions that certain things would continue to be the same in the future, plugged the information into the equation, and now science was telling them that everything would be alright. If everybody on Wall Street was making decisions based on the Magic 8 Ball would we blame the ball or the foolishness of those misapplying it?

Submission + - Cross-browser Web application testing made easy

Submitted by Anonymous Coward on Wednesday December 19, 2007 @12:54PM

An anonymous reader writes: Ideally, every Web application should be tested to ensure that it will work perfectly on every browser that might access it. But with the fragmentation of the browser market and the increasing importance of the very fluid world of mobile platforms, that's a practical impossibility. Still, you can come closer than you might think. This article shows you a wide array of tools for cross-platform Web testing.

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