Why Distributions Matter
- Peter Urbani
- Jan 16, 2012
- 1 min read
Updated: Apr 24
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Distributions on Finance are often assumed to be "normal".....they are NOT, see why here...
This presentation discusses the significance of statistical distributions in data analysis, focusing on the Cornish-Fisher expansion and its applications in assessing the behaviour of cumulative distribution functions (CDF). It provides a method to evaluate skewness and kurtosis to determine if the data falls within a well-behaved region or exhibits degenerate characteristics. The implications of these findings are crucial for statisticians and data analysts in ensuring accurate interpretations of statistical models.
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