In Pavlov's Salivating Dog Studies,the UCR Was

question 205

Multiple Choice

In Pavlov's salivating dog studies,the UCR was

• A)salivation.
• B)meat powder.
• C)the tone.
• D)biting.

---

Definitions:

Fat Tails

Refers to the occurrences of extreme movements in stock prices or higher than normal risks in investments, which lead to heavy tails in a probability distribution.

Kurtosis

Measure of the fatness of the tails of a probability distribution. Indicates probability of observing extreme high or low values.

Skewness

A measure of the asymmetry of the probability distribution of a real-valued random variable about its mean.

Tail Risk

Risk of extreme events in the far tail of the probability distribution.