Variables

In preparation and thought for the formulation of a life equation, it would be beneficial to learn a bit more about regression and linear models.  I can, and will, throw out ramblings with the backing of little to no statistics, only when I'm feeling extra productive, but it is finally necessary.

The life equation could easily consist of wealth = assets - liabilities, as is taught in any accounting class, beginner or advanced, but there's a lifetime of assets, and more so of liabilities, depending on the side of the track you started and end up on.

Education, food, clothing, housing.  These are necessary expeditures throughout our first world, or any world for that matter journey.  Education maybe being the divide, but that is the divide that seperates the modern world as well, in a much different way as access may be the significant issue in the 3rd world but accessibility is also a dividing factor in the 1rst world.  Education of all levels is available to all, the standard being the difference throughout, while many economic factors litter the mix as well.

And that economic mix is the one I'd like to determine in the life equation, at least the average, and maybe a floor and ceiling.  A floor being already established at 0, 0 dollars, 0 hopes, 0 dreams; but a floor is actually determined by American society, whether there is any effort put into rising from that floor or not, ie our own American version of socialism.  While middle class socialism is given to the fates of our capitalistic natures, to throw any form of social empathy to the wayside and live in an over inflated world of darwinism.  A bit dramatic, I'd say, but with a bit of truth.

The ceiling essentially being infinite within reason, and most likely forgoing other variables (he said the name of the movie!) not quantified by the life equation or any equation.

Onwards from my rhetoric.

Regression and linear models are needed for this to weed out the bullshit, and, well, rhetoric.  To establish a trajectory including such constants as cost of education, cost of housing, cost of financing, need for financing, living expense, and to fish out any other variables, any other quantifiable items.

I'm on my journey to get back the book written by one of the only professors i felt i ever got anything from, and we skipped every project and paper: James Rodgers.
His book Smart Data is necessary in a world with so many quantifiable factors and so many more theories, and guesses.

I can reasonably make an assumption on an average life equation with the assistance of statics of many varying items, but using stats for my own good isn't helping anyone.  That's why math created these models, to better understand the misunderstood, to put fact to words, to make a case for the jumbled mess I consistenly serve.