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Re:A Look at How Traders and Economists Are Using the Julia ... by gaur on Tuesday November 08, 2016 @11:48AM (#12901734)
> 4. The efficiency gain vs learning curve is exponential.

Does this actually mean anything?

Re:A Look at How Traders and Economists Are Using the Julia ... by DigitalJack on Tuesday November 08, 2016 @11:55AM (#12901812)
Yes. He is saying as you become more competent using excel, the efficiency increases exponentially.

Probably true for smallish values of competency, but it must be logarithmic after that.

Re:A Look at How Traders and Economists Are Using the Julia ... by threatofrain on Tuesday November 08, 2016 @03:08PM (#12903502)
To paraphrase for Guar, he's asking whether someone means "exponential" or exponential. By "exponential", I mean my feelings.
Re:A Look at How Traders and Economists Are Using the Julia ... by jackmott on Tuesday November 08, 2016 @12:01PM (#12901865)
probably a sigmoid function
Re:A Look at How Traders and Economists Are Using the Julia ... by gaur on Tuesday November 08, 2016 @12:53PM (#12902378)
> He is saying as you become more competent using excel, the efficiency increases exponentially.

OK, does this mean anything? How have you quantified efficiency? How have you quantified "learning curve"? What data do you have supporting that the relationship is exponential?

Re:A Look at How Traders and Economists Are Using the Julia ... by DigitalJack on Tuesday November 08, 2016 @05:26PM (#12904516)
Being obtuse is not a desirable attribute, less so deliberately.
Re:A Look at How Traders and Economists Are Using the Julia ... by gaur on Tuesday November 08, 2016 @05:51PM (#12904665)
Asking people to say clearly and concretely what they mean is not obtuseness.

Nobody here has been able to elaborate on the initial statement "The efficiency gain vs learning curve is exponential". People are just rewording the sentence slightly and passing that off as an explanation. That seems to indicate that nobody knows what the statement means because the statement is vacuous.

Re:A Look at How Traders and Economists Are Using the Julia ... by ska on Tuesday November 08, 2016 @01:27PM (#12902663)
It's mostly hand waving, but I think the OP was trying to point out that at the low end, a modest investment in training/learning gives great results in efficiency.

This is true! Then you hit a pretty hard wall with the limitations of the tool.

Re:A Look at How Traders and Economists Are Using the Julia ... by SkyMarshal on Tuesday November 08, 2016 @11:57AM (#12901824)
I think it means the efficiency gain is exponential (assuming the learning curve is anything less than exponential).
Re:A Look at How Traders and Economists Are Using the Julia ... by theoh on Tuesday November 08, 2016 @12:44PM (#12902298)
In the traditional, original sense of the term, learning curves are (presumably) asymptotic to a horizontal line representing total competence.

Somehow, sloppily, "steep" has come to mean difficult to learn, rather than quick to learn.

In the original version: A steep learning curve means quick learning at the beginning. A shallow curve means that it takes a long time to build up skill.

Re:A Look at How Traders and Economists Are Using the Julia ... by gaur on Tuesday November 08, 2016 @02:59PM (#12903432)
You're just rephrasing nonsense. What is "the efficiency gain is exponential" supposed to mean, in concrete terms? This is just empty manager-speak.
Re:A Look at How Traders and Economists Are Using the Julia ... by SkyMarshal on Wednesday November 09, 2016 @04:15AM (#12908388)
/s