Financial Engineering

Quantitative Finance - Chapter 16 - how accurate is the normal approximation?

RIAGOL 2024. 3. 22. 09:00

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Gloria - Quantitative Finance - Chapter 16 - how accurate is the normal approximation?

why the normal distribution is so popular how fat the tails really are what dropping the normal assumption entails Introduction The normal distribution allows us to make enormous advances because it comes with a lot of relatively easy-to-use analytical too

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