Looking for a ‘Man in Finance’? The stats might be against you.

And one response video has garnered its creator more than 8 million views. Last month, Rae Hodge, a Los Angeles-based corporate strategy director, brought her engineering degree to bear in identifying the odds that Boni could find what she was looking for: A man in finance with a trust fund who is 6’5” and has blue eyes.on TikTok, posted a roughly 2-minute video in which she breaks down the stats to estimate how many people in the United States fit Boni’s description.

When Boni’s “Man in Finance” video wormed its way into the internet’s ears, Hodge couldn’t stop thinking about it. “A lot of comments were saying, “this is girl math, this girl never passed statistics class, this is not correct math,'” Hodge said. “It actually is. I did actually take advanced statistics, forecasting, regressions and stochastics in school.”Chelsea Daniels, a doctoral candidate at NYU who teaches Intro to Statistics in the graduate sociology department, said Hodge’s mathematical approach made sense.

For simplicity, Hodge had assumed that all the traits that Boni was looking for were uncorrelated. But in reality, having blue eyes and working in finance, according to data from the federal Bureau of Labor Statistics. And blue eyes are more common in people of European descent. Compounding correlations abound, according to Daniels. “There’s the correlation between having a trust fund and working in finance, but there’s also the correlation between having a trust fund, working in finance, and being 6’5"," she said.

“When machine learning algorithms, or whoever, are doing their statistics, are they being careful about their assumptions?” Daniels said. “How much bad statistics is being done out there in the world?”people working in the broad “finance and insurance” sector in 2023, 47.2% were male, per the Bureau of Labor Statistics.Everything else requires an assumption, Daniels said. As a statistician, she was not comfortable making those broad assumptions herself.

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