Characteristics
The first characteristic of a WMD: involves the transparency of a model or algorithm.
What is opacity?
The sport that is transparently using historical data to accurately predict the in-game occurrences and adjust their game plan.
What is baseball?
The metric used by Wall Street traders as a gauge of their effectiveness. It is equal to the ratio of returns he/she receives to the risk of the portfolio.
What is the Sharpe Ratio?
The news agency that created the educational ranking WMD.
What is the U.S. News & World Report?
Information and materials placed strategically, such as online or on TV commercials, that target vulnerable people and families into making high priced, low return purchases.
What are predatory ads?
Second characteristic of a WMD: involves the extent of usage of a particular model.
What is scale?
The tendency for a convicted criminal to reoffend.
What is recidivism?
Firms that contributed to the financial collapse by giving risky financial products high ratings, which essentially put inaccurate data in the financial WMD.
The location (country) of a math-based higher education institution that surpassed MIT and Cambridge in U.S. News rankings by cheating the WMD through hiring world-renowned professors to teach three weeks out of the year.
What is Saudi Arabia?
The questionnaire used by the prison system to collect mass amounts of data on prisoners to create and enhance their recidivist WMD.
What is the LSI-R, or Level of Service Inventory - Revised?
Third characteristic of a WMD: involves the suffering and inequality that results from these models.
What is damage?
A process or set of rules that are followed to create a desired output or calculation.
What is an algorithm?
The financial housing product scaled throughout investment firms that carried mass amounts of risk undetected by many algorithms and analyses.
What are mortgage-backed securities?
Numeric figures and data that are used as a representative approximation of a non-measurable characteristic, such as collegiate rankings.
What are proxies?
A cycle created by accepting data analysis as reality and continuing to use it, oftentimes punishing lower income families while benefiting higher income families.
What is a feedback loop?