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Finance: Where the Normal Distribution is Abnormal and the Abnormal is Normal

And why you should learn to hug your data better. Finance: Where the Normal Distribution is Abnormal and the Abnormal is Normal It’s quite ironic really,…

Clarifying measurement uncertainty

Transcripts for BBCNEWS Newscast 20240604 01:53:00

because i don t think it. actually reflects the lived experiences of anybody. i it doesn t really work like that. i so you may lose yourjob, i but that s the top of this very steep hill you ve got to. and i think it s much more interesting, important- and relevant to talk- about the steepness of that hill whether you are in recession or not. i bobby? mathematically, if you think of recession as a normal distribution, so in the middle part is, yeah, that is the economy shrinking. but if you look at the people in the bottom 10, 20%, they re being impacted much more by, again, the cost of living crisis. again today, one of the measures was the freeze in the threshold allowance, and i was thinking, actually, i m a fan of a rupaul s drag race, and i think the chancellor s new name will be fiscal drag, because, you know, at 12,500, he s frozen that threshold he s frozen that threshold couple of years, and that s going to impact a lot of my students, a lot of my families that i teach. they

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