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Articles by Michael Wallace
Adopting AI Without Breaking Your Business Model
Written by: Michael Wallace Most leaders I speak with aren’t afraid of AI — they’re afraid of making the wrong move while everyone else pretends they already have a plan. Over the past few months, I’ve had more quiet conversations than public ones, founders, executives, and o closed doors: “AI is clearly changing everything… but what does it actually mean for my business right now? ” Not in theory. Not in headlines.
Why It’s Time for a Ruthless Spring Cleaning
Michael Wallace · Follow 5 min read · -- Photo by Joel Holland on Unsplash Finding Clarity in a World Full of Noise by Michael Wallace Spring. The season of renewal. A fresh start. We clean out garages, donate old clothes, and throw out expired junk from the fridge. But what about the mental clutter? The constant stream of emails, to-do lists, distractions, and information overload that keep us from making real progress?
The importance of screening for pancreatic cancer
DEAR MAYO CLINIC: My uncle recently passed away from pancreatic cancer. My mom keeps saying how important it is for us to get screened for it. I’m still young. Do I need to go through screening? ANSWER: Pancreatic cancer is unfortunately detected in most situations when people present with symptoms, which in the U.S. and throughout the world is often at a late stage. Patients usually have abdominal pain that is persistent in the mid-abdomen and spreads through to the back.
The importance of screening for pancreatic cancer - Tribune Content Agency
DEAR MAYO CLINIC: My uncle recently passed away from pancreatic cancer. My mom keeps saying how important it is for us to get screened for it. I’m still young. Do I need to go through screening? ANSWER: Pancreatic cancer is unfortunately detected in most situations when people present with symptoms, which in the US and throughout the world is often at a late stage. Patients usually have abdominal pain that is persistent in the mid-abdomen and spreads through to the back.
Comment gagner 8 fois sur 10 au concours Déroule pour gagner | Dollars et cents
L’auteur est professeur agrégé au Département de statistique et de science actuarielle de l’Université de Waterloo. L’an dernier, j’ai trouvé une stratégie qui m’a permis de gagner 8 fois sur 10 au concours annuel Déroule pour gagner de Tim Hortons. Ma démarche vous semblera simple, mais il m’a fallu compiler des données, faire preuve de détermination et boire beaucoup de café pour arriver à la méthode optimale.
Best time to play Tim Hortons’ Roll up to Win? The middle of the night dramatically increases your odds
By: Michael Wallace, University of Waterloo Listen Tim Hortons’ iconic Roll up the Rim contest began in 1985 and went largely unaltered for 25 years. The format was simple: buy a coffee, roll up the rim of the paper cup and see if you’ve won a prize. But this all changed in 2020. Amid the emergence of a global pandemic, the game went digital. Buying Tim Hortons products still earned you entries to the contest, but these were now stored on the company’s loyalty app.
Best time to play Tim Hortons’ Roll up to Win? The middle of the night dramatically increases your odds
By: Michael Wallace, Associate Professor, Department of Statistics and Actuarial Science, University of Waterloo, The Conversation Tweet Print Email Save to Read Later This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site.
Best time to play Tim Hortons' Roll up to Win? The middle of the night dramatically increases your odds Original
Tim Hortons’ iconic Roll up the Rim contest began in 1985 and went largely unaltered for 25 years. The format was simple: buy a coffee, roll up the rim of the paper cup and see if you’ve won a prize. But this all changed in 2020. Amid the emergence of a global pandemic, the game went digital. Buying Tim Hortons products still earned you entries to the contest, but these were now stored on the company’s loyalty app.
Voice of the People: Now is the time to be more mindful of suicides
The dying season is here now! This is the dying time. Statistically and historically, this is the time. From the beginning of April to early summer is when the highest number of suicides are committed. Why is September Suicide Prevention Awareness Month? Now is the time! Pay attention to those around you. Get out of your bubble. There are signs. You can find lists of the signs. You may not stop it but at least they may reconsider.
Five Takeaways from the BBA Webinar on the State of Retail and Hospitality During COVID | JD Supra
On November 13th, the Boston Bar Association hosted Uncharted Territory: Challenges Facing Retail, Hospitality Sectors and their Landlords. The live webinar featured Richard Heller, Senior Vice President and General Counsel of Legal Sea Foods, Joseph Wang, a partner in Boston-based Sherin and Lodgen LLP’s Hospitality Practice Group and Vanessa Moody, a Director in Goulston & Storrs’s Real Estate group with a practice focused on advising real estate developers in leasing and bankruptcy matters.
Voilà comment j'ai décrypté " Déroule le rebord " et gagné (presque) à chaque fois
En 2003, le géostatisticien Mohan Srivastava a réussi à décrypter un jeu de loterie canadien. Après avoir reçu en cadeau un billet à gratter, il a repéré une faille dans le jeu. En mettant à profit ses compétences en matière de probabilité, il a découvert comment déceler les billets gagnants avant même de les acheter.
Here’s how I cracked Roll up the Rim and won (almost) every time
By Michael Wallace The Conversation Thu., April 23, 2020timer5 min. read In 2003, geological statistician Mohan Srivastava cracked a Canadian lottery game. After getting a scratch-off ticket as a gift, he spotted a flaw in the game. Putting his probability skills to work, he figured out how to identify winning tickets prior to purchase. It didn’t make him rich — “beating the game wasn’t worth my time,” he said — but Srivastava’s experience showed it’s very hard to make a truly random game.
Here's how I cracked Roll up the Rim and won (almost) every time
In 2003, geological statistician Mohan Srivastava cracked a Canadian lottery game. After getting a scratch-off ticket as a gift, he spotted a flaw in the game. Putting his probability skills to work, he figured out how to identify winning tickets prior to purchase. It didn’t make him rich — “beating the game wasn’t worth my time,” he said — but Srivastava’s experience showed it’s very hard to make a truly random game. Tim Hortons launched its annual Roll up the Rim promotion in mid-March.
Roll up the Rim: How COVID-19 has changed the contest — and maybe your odds of winning
Roll up the Rim, Tim Hortons’ iconic seasonal sweepstakes, is back … sort of. Just days before the launch of this year’s contest, the coffee chain took the unprecedented decision to eliminate the use of its regular promotional paper cups because of concerns about COVID-19.
Climate Change and the 2020 Electoral Spotlight
By Michael Wallace | March 5, 2020 In September 2019, 16-year-old climate activist Greta Thunberg stood before the General Assembly of the United Nations and threw down the gauntlet before world leaders. “We will not let you get away with this,” she said, referring to global inaction on the issue of climate change. “Right here, right now, is where we draw the line. The world is waking up.
Royal Statistical Society Publications
Abstract When we observe the world, we sometimes make mistakes. Michael Wallace, on behalf of the measurement error topic group of the STRATOS Initiative, explains the potentially severe consequences of this often overlooked issue, and how statistics can help bring us back – or at least a little closer – to the truth What did you eat yesterday? This is a simple question, with a seemingly straightforward answer. In my case, I had toast for breakfast, a sandwich for lunch, and pasta for dinner.
Cities Tap Hot Real Estate Markets to Expand Economic Opportunity | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
McDonald's Monopoly-A statistician explains the real odds of winning
Jacobson was an employee for the marketing firm that ran the McDonald's Monopoly promotion in the 1990s. He stole some of the major game pieces and gave them to friends. After being caught, Jacobson told investigators he learned the contest was already rigged against Canadians. Specifically, prize locations were re-randomized by the marketing company to prevent major winning game pieces reaching Canadian customers.
A statistician explains the real odds of winning
In 2000, a fraud worth over $24 million was uncovered in the United States. Jerome Jacobson, who served 15 years in prison for his role in the deception, was at the centre. This was not your typical heist, however. No identify theft or insider trading here. Jacobson’s crime: He cheated McDonald’s Monopoly. Jacobson was an employee for the marketing firm that ran the McDonald’s Monopoly promotion in the 1990s. He stole some of the major game pieces and gave them to friends.
bookSCREAM! August 11th, 2017 Newsletter
AUDIOBOOKS LITTLE GIRL LOST $4.95was $24.95 BY CAROLY WYER A perfect family hiding disturbing secrets. A killer who wants the truth to be told. A little girl in terrible danger. incredible, suspenseful, gripping BESTSELLERS THE DARK CITADEL OMNIBUS FREEwas $5.99 BY MICHAEL WALLACE When a dark wizard takes control of Balsalom and forces young queen Kallia into marriage, slave boy Darik bands with griffin riders and knights to defend their city.
May(un)fair? Your chances of winning at McDonald's Monopoly
For example, to win the top prize of £500,000 you just have to find the two dark blue properties (Park Lane and Mayfair), but whilst there are plenty of the former going around, it seems, from reading the competition rules,that there is just one Mayfair sticker in the entire country.If this is true, it means that thousands of people will find themselves "just one sticker away" from winning a small fortune, when in reality their minuscule chance of winning has barely increased.
It could be you? Perhaps, but lottery success just got more complicated
The headline changes are: 1) The addition of a new £1 million raffle prize, 2) the addition of a new prize tier for matching two numbers (a free ticket for a future draw) and 3) an increase in the number of balls from which the winning numbers are drawn, from 49 to 59.
Football formulae: the maths behind the UEFA Champions League draw
The Round of 16 of the UEFA Champions League football tournament kicked off this week with Arsenal, Manchester United and Celtic representing the remaining British interest in the competition. While the games themselves are sure to produce a flurry of 'remarkable' statistics, it was the draw for this stage of the competition (which took place in December) that raised a number of statistical eyebrows.
41 goals in a day?! How unusual was last Saturday's football?
Whilst American eyes were mainly turned towards the Super Bowl this weekend, the English Premier League produced one of the most extraordinary days of (association) football, or soccer, in domestic history. On Saturday 41 goals were scored across just 8 matches, with Newcastle's spectacular four goal comeback against Arsenal the more-than-worthy highlight. Being both a football fan and a statistician, I couldn't resist doing a bit of data digging to see quite how remarkable the day's action was.
The Pope vote: left to chance?
115 Roman Catholic cardinals have been having an almighty lock-in to decide who will be the next Pope. With a two-thirds (rounded up to 77) majority required to get to wear the fanciest of hats (pictured left), some suspect they could be there some time, but what would happen if everyone voted at random? To answer this, we first have to decide how many options each cardinal has to pick from.
Fewer jeers, more cheers: How to improve the chances of a home-town triumph
With Euro 2016 and the Copa América providing ample entertainment for soccer lovers the world over, you may be forgiven for missing the culmination of two of North America's 'big four' sports this week. On Sunday the Pittsburgh Penguins overcame the San Jose Sharks to win the National Hockey League's (NHL) Stanley Cup, while basketball's Golden State Warriors can clinch their second national title in two years with a win in Friday's game against the Cleveland Cavaliers.
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