CMU General
Carnegie Mellon's mascot shares its name with this Scottiesh dog breed.
What is the Scottish Terrier?
This is the ownership unit of a company that investors buy and sell on an exchange
What is a stock?
In a prediction market if a contract is trading at 0.72 this is the implied probability that this event will occur
What is 72%
A bag has 3 red and 3 blue marbles. You draw two without replacement. This is the probability the two marbles are different colors.
What is 2 × (3/6 × 3/5) = 3/5?
Performed at last year's SuperBowl.
Who is Kendrick Lamar
What is 126 years?
A portfolio strategy that spreads investments across different assets to reduce risk.
What is diversification?
This U.S. regulated prediction market handled over 1 billion dollars during SuperBowl LX.
What is Kalshi?
A trader independently wins 70% of trades. Given that the first trade was a loss, this is the probability the next two trades are both wins.
What is 0.7 × 0.7 = 0.49?
In MCU the name of Thor's Hammer.
What is Mjolnir?
This actor on the TV show Suits is an alumni of Carnegie Mellon's School of Drama.
Who is Gabriel Macht?
This stock market index tracks the performance of 500 large-cap U.S. companies and is widely used as a benchmark for the overall U.S. equity market.
What is the S&P 500?
This strategy involves simultaneously buying and selling related contracts to lock in a risk-free profit when prices are inconsistent.
What is arbitrage?
The z-score of a stock’s return that is 2 standard deviations below its average return.
What is -2.
This YouTuber launched a massively viral line of chocolate bars and later a snack brand called Lunchly.
Who is MrBeast?
Women's vocational college within the Carnegie Institute of Technology until merging into CMU in 1973.
What is Margaret Morrison Carnegie College?
A trader holds a large position in an airline stock and is worried about rising oil prices hurting profits. Instead of selling the stock, they take a position in another asset that would gain value if oil prices increase, offsetting potential losses.
What is hedging?
Many preciction markets use this automated pricing mechanism to guarantee liquidity even when no natrual counterparty is present.
What is automated market maker?
In hypothesis testing, this value represents the probabiliyt of obtaining results at least as extreme as the observed results, assuming the null hypothesis is true.
What is a p-value?
Who is Mark Cuban?
This program is a collaboration between the Tepper School of Business, Department of Mathematical Sciences, Department of Statistics & Data Science, and the School of Computer Science.
What is Master of Science in Computational Finance (MSCF)?
A stock has recently surged far above its historical average price despite no major change in fundamentals. A trader expects the price to move back toward its long-term average and takes a position accordingly.
What is mean reversion?
Many prediction market contracts use this type of option that ultimately pays $1 if an event occurs or $0 if it does not.
What is a binary option?
A stock keeps going up and down by the same percent. Over time, this happens to its value.
What is it goes down?
Who is Nancy Pelosi?