This week you are asked to answer the following questions

1) Describe the use of news and advisories as sentiment measures?

2) Explain how mutual fund cash and other funds measures are used to gauge sentiment

3) Describe the three most common measures of central tendency: mean, median, and mode. Give an example of how it can be used in your trading.

4) Describe what is meant by measures of dispersion: standard deviation and variance. How can this be used when a trader is developing a strategy?

5) State the value of data visualization as a complement to descriptive statistics.

6) Define probability and describe how it is used in trading.

7) Explain the impact of the law of large numbers on a series of outcomes. What does this mean to a trader.

8) Define random variable and the phrase "independent and identically distributed". Why is this important to a trader and how can it be best used?

9)Describe a normal probability distribution. Why is this important to a trader?

10) Identify skew and kurtosis. Why is this important to a trader?