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An endnote on terminology for monte carlo style predictions #8

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@microprediction

I had a fun discussion with Sam Savage explaining the collider at www.microprediction.org who has been in what he calls the distribution distribution business much longer than I have, and realized there is a very terse way to describe what I've built to those familiar with existing terminology.

Sam's terminology My glossary or code examples Andrew Gelman's terminology
Stochastic information package (SIP) Submission vector ("samples") Random variable object

More specifically I use what Sam would call the "DC" (direct current) representation of a univariate probability. Thus we might say that www.microprediction.org is a high-velocity exchange for clearing a market of stochastic information packets, or a "SIP collider". It is also, of course, a turnkey way to source these SIPs for fast-moving, instrumented processes.

An interesting thread to pull on is the relationship between the z1-streams and the "copula layer" in Sam's work.

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