Posted on Sun 04 January 2015 in Random Thoughts • Tagged with random thoughts
Suppose that the probability of acceptance at the best journal is \(p\) and at the 2nd best journal is \(\theta p\). Moreover, after a paper has been reviewed once, we have the chance to improve it and consequently increase the probability of acceptance. Let these 2nd chance probabilities be \(\lambda …
Posted on Tue 07 January 2014 in Random Thoughts • Tagged with random thoughts
Manufacturing sector in India is projected to have a very large short-fall of skilled workers (90 million by the year 2022, according to National Skills Development Corporation). Executives consistently stress that “skill development is the most pressing challenge to the manufacturing sector in India” (report from World Economic Forum). Recommendation …
Posted on Mon 22 April 2013 in Random Thoughts • Tagged with random thoughts
I had obtained data on the prices and the popularity rank of some 600 odd products from Flipkart.com website for a different project. Given that I had this data, it seemed like an interesting experiment to see if conventional wisdom that marketers like to have prices end in ‘9 …
Posted on Sat 06 April 2013 in Random Thoughts • Tagged with random thoughts
Consider a researcher who has submitted a paper to a good journal, and receives a revise & resubmit decision. Should the researcher revise the paper and resubmit it as soon as possible, or should she wait a fashionable amount of time before resubmitting the paper? Below is a simple model I …