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If a sample of an asset's annual return has Kurtosis = 5 and the sample size is 10000, then the number of observations outside of
If a sample of an asset's annual return has Kurtosis = 5 and the sample size is 10000, then the number of observations outside of three standard deviations from its mean should be greater than 27. Where does the number, 27, come from? It generates from the tail probability of a ____ distribution
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