The Logic of Risk

LOR17: Extremes and Outliers


Listen Later

In this episode, we dive into the critical difference between extremes and outliers. As we will soon discover, understanding this distinction is vital for accurate modeling, especially when assessing (tail) risk.
We'll explore how both concepts relate to the range of possible values--the support--of a random variable and show you how to avoid common modeling pitfalls. 
Are you ready to take the risk?

Become a supporter of this podcast: https://www.spreaker.com/podcast/the-logic-of-risk--6469023/support.
...more
View all episodesView all episodes
Download on the App Store

The Logic of RiskBy Pasquale Cirillo

  • 5
  • 5
  • 5
  • 5
  • 5

5

7 ratings


More shows like The Logic of Risk

View all
Odd Lots by Bloomberg

Odd Lots

1,855 Listeners

EconTalk by Russ Roberts

EconTalk

4,261 Listeners