Hi David,
Apologies if this question is non-sensible or has been asked already (please tag a link if this question has been asked) but I just started preparing for an exam and I have one question so I know what to expect when I am learning it. Integration and calculus sort of questions as far as...
This explores the answer to Miller's sample question in Chapter 6 of Mathematics and Statistics for Financial Risk Management. There are three types of managers: Out-performers (MO), in-line performers (MI) and under-performers (MU). The prior probability that a manager is an outperformer is...
Hello,
i have the following question:
1. The joint probability for two independent events is defined as: P(A and B)=P(A)xP(B)
2. Why is not P(High=20%)xP(Increase=40%)=P(Increase and High=10%).
Or should it be and only the example is wrong?
Can anybody explain it please?
I wish all...
In analyzing Miller's spreadsheet, I realized his book displays the formulas for co-skew and co-kurtosis incorrectly. There is a thematic confusion between the (unstandardized) cross-central moments versus "skew" and "kurtosis" which are standardized: 3.42 and 3.47 forget to divide by N, so they...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.