Examlex
It is rare that client-side marketing researchers who are planning to conduct research on behalf of their own companies are required to submit proposals prior to conducting research.
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.
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