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Obama camp delivers biggest understatement of the year


This was posted earlier on the Obama reelection website:

The Obama campaign needs quantitative analysts.

Investopedia defines quantitative analysis as:

A business or financial analysis technique that seeks to understand behavior by using complex mathematical and statistical modeling, measurement and research. By assigning a numerical value to variables, quantitative analysts try to replicate reality mathematically.

Quantitative analysis can be done for a number of reasons such as measurement, performance evaluation or valuation of a financial instrument. It can also be used to predict real world events such as changes in a share price.

Based on how the economy has performed since 2009, it might be safe to say that the Obama administration -- never mind his reelection campaign --"needs" quantitative analysts.

Remember this from 2009?

Yeah, not exactly accurate.

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