When is the higher moment of a probability distribution more useful as a benchmark value as opposed
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When is the higher moment of a probability distribution more useful as a benchmark value as opposed to simply using the mean of the distribution?
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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When the spread or width of the distribution is of interest in addition to the average value P...View the full answer
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