How popular is sports betting in the US?

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Pavel Prikhodko, Ph.D. Machine Learning

Sports betting has been around for thousands of years — for several hundred years, the only legal way to place a bet was the circus or the chariot races in Rome. Roman emperors often enjoyed gambling, with Augustus in particular frequently partaking in gambling activities.

Nowadays, betting is a widely popular process around the globe. Some countries (the United Kingdom, for example) have a rich tradition of betting, and the practice of sports betting holds an important place in the country’s culture. Looking at the U.S., we see that the country is home to a well-developed sports betting industry.

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Physicians in the U.S.

Alexander Fishkov

Alexander Fishkov, Ph.D. student Computer Science

Becoming a doctor in the U.S. is commonly associated with respect, good pay and social status, and pursuing a degree in medicine is a promising career choice for many Americans. However, students must choose from a wide range of specializations in the later stages of their education.

To become a practicing physician in the U.S., one has to receive a medical education here or be a foreign graduate in medical studies. In the latter case, one also has to receive a license to practice in the U.S. Three organizations collectively oversee the certification of medical professionals: the American Medical Association, the American Osteopathic Association and the American Association of Physician Specialists.

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Revenue of the live music industry

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Pavel Prikhodko, Ph.D. Machine Learning

According to data (published at Statista.com) on the revenues of the live music industry in the U.S., live music tickets sales generated $6.78 billion in 2012 — since then, the numbers have continued only to grow. In 2013, sales of live music tickets amounted to $6.88 billion. The numbers kept growing in the following years, reaching $7.02 billion in 2014 and continued to grow to $7.2 billion in 2015. In 2016, ticket sales generated an impressive $7.42 billion.

The forecast suggests that the upward trend in ticket sales revenue will only continue; In 2017, revenue from ticket sales is predicted to reach approximately $7.74 billion. In 2018 and 2019, the forecast predicts revenues to reach $8.16 billion and $8.59 billion respectively. Live music ticket sales revenues will break the $9 billion mark in 2020, generating an expected $9.1 billion. The forecast predicts a peak in 2021: $9.55 billion.

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The average daily rate of Airbnb properties

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Pavel Prikhodko, Ph.D. Machine Learning

Airbnb is a privately-owned accommodation rental website which enables hosts to rent out their properties or rooms to guests who use the website to find somewhere to stay. For many of the guests who use this service, Airbnb can offer cheaper alternatives to paying for a hotel room. The company was founded in 2007 when two roommates started AirBed & Breakfast on the living room floor of their apartment. In May 2017, the company was valued at $31 billion.

The graph below shows the advertising spending of Airbnb in the United States in 2014 and 2015. The home rental service invested about $5.1 million in measured media advertising in the U.S. in 2014. The next year, in 2015, the advertising spending of Airbnb shot up to $23.5 million. In the same year, the company’s value was estimated at $25.5 billion.

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Art museums in the U.S.

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Pavel Prikhodko, Ph.D. Machine Learning

Residents of the United States love museums. According to information published by the U.S. government in August of 2016, there are upwards of 35,000 museums in America; in comparison, there are about 13,000 Starbucks across the country. We can define museums as typically permanent (though occasionally temporary) places where members of the public can view objects of significance from a variety of disciplines, such as historical, cultural, artistic or even scientific artifacts.

The most-visited (and possibly the best, according to many critics) museum in the United States is the Metropolitan Museum of Art (“the Met”). Every year the number of visitors increases, as we can see in the chart below. In 2010, approximately 5.22 million people visited the Metropolitan Museum of Art, while in 2011 the number of visitors increased to 6 million people. In 2012, about 6.12 million people visited the Met.

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The number of pedestrian fatalities keeps growing, and here’s why

Andrey Kamenov

Andrey Kamenov, Ph.D. Probability and Statistics

The recently-released 2016 data on motor vehicle crashes from the NHTSA shows a grim fact: The number of pedestrian fatalities has reached an all-time high. It’s certainly worth it to take a look at possible reasons behind the growth in pedestrian fatalities — the FARS database contains rather detailed information about each crash.

First of all, a quick glance at the numbers reveals that the increase in fatalities can be narrowed down mostly to crashes that happened at night. In fact, daytime fatalities are roughly in line with the early 2000s numbers.

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Largest stock exchange operators by market capitalization

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Pavel Prikhodko, Ph.D. Machine Learning

The financial market is a broad term defining any marketplace where trading of securities such as bonds, equities, currencies and derivatives occurs. In the United States, financial markets consist of many separate markets for diverse products offered across a range of trading platforms and exchanges. The financial markets facilitate a number of components essential to the workings of a market economy (an economy which heavily relies on interactions between buyers and sellers for the allocation of resources).

The stock market plays a major role in the financial market. Probably one of the most famous and well-known stock exchanges in the world is the New York Stock Exchange (NYSE). Located at 11 Wall Street, Lower Manhattan, New York City, it is by far the largest stock exchange on the planet.

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Do SUVs really put other people at risk?

Andrey Kamenov

Andrey Kamenov, Ph.D. Probability and Statistics

A lot of news articles suggest that SUVs are inherently dangerous to both pedestrians and other drivers. This seems logical — these vehicles are usually heavier, so the energy of impact should be greater. In addition, SUVs are taller, which most likely puts pedestrians at greater risk in a possible crash.

Nevertheless, this 2005 report by the Insurance Institute for Highway Safety seems inconclusive about the possible dangers of utility vehicles. Well, maybe the more recent data will shed some light on this.

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PepsiCo as one of the leading beverage companies in the world

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Pavel Prikhodko, Ph.D. Machine Learning

This article is dedicated to all the people who prefer Pepsi instead of Coca Cola, because in this post we’re going to focus on PepsiCo, Inc. PepsiCo is an American multinational snack, food and beverage corporation founded in 1965 and headquartered in Purchase, New York (Sometimes I think that all of the best things in the world come from New York!). The company has interests in the manufacturing, marketing and distribution of grain-based snack foods, beverages and many other products.

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Automatic braking: the road to adoption

Andrey Kamenov

Andrey Kamenov, Ph.D. Probability and Statistics

Automatic braking is still considered a novelty in the car world. But the technology is maturing, causing many people to question if it’s going to be seen in more and more new cars each year. And can it really help significantly reduce the number of road fatalities?

Eleven percent of all fatal crashes in 2016 involved at least one driver who was distracted or drowsy — a record low figure (that means just under 3,800 crashes in absolute terms). We can consider this number a ballpark estimate for how many lives could have been saved by Automatic Emergency Braking (AEB).

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