How much have layoffs affected engineers vs. other departments? Here's the data

Re:How much have layoffs affected engineers vs. other depart... by ivalm on Friday October 14, 2022 @03:28AM (#33200585)

Errors in counting generally go as square root of the count. So yes, as number goes up so does the deviation.

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Re:How much have layoffs affected engineers vs. other depart... by RC_ITR on Friday October 14, 2022 @03:35AM (#33200645)

Inflation readings being higher have nothing to do with a higher count.

Exact same amount of data points for inputs as 2% inflation.

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Re:How much have layoffs affected engineers vs. other depart... by ivalm on Friday October 14, 2022 @09:57PM (#33210879)

It’s not about the amount of measurement points, uncertainties in dollar amounts tend to scale as sqrt. When you error propagate that you see that inflation uncertainty scales with inflation.

Very simple model

Inflation=v1/v2

D(inflation)=sqrt((D(v1)/v2)^2+(v1/v2^2 D(v2))^2)

Suppose

D(v1)=c sqrt(v1)

D(v2)=c sqrt(v2)

D(inflation)=c sqrt(v1/v2^2+v1^2/v2^3)= c sqrt(inflation+inflation^2)/sqrt(v2)

So can be seen that the leading term for uncertainty in inflation is linear with inflation.

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