Template:M intro isda tail events: Difference between revisions

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(Created page with "{{quote| You asked me what’s my pleasure:<br> A movie or a measure?<br> I’ll have a cup of tea<br> And tell you of my dreaming. :—Blondie, ''Dreaming'' (1979)}}{{d|Tail event||n|}}{{nld}} {{L1}}'''Statistics''': Of a range of possible independent events, one whose frequency is three or more standard deviations from the mean. An event with a low probability. <li> '''Work life''': An unwanted outcome you didn’t expect, to which you weren...")
 
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And tell you of my dreaming.
And tell you of my dreaming.
:—Blondie, ''Dreaming'' (1979)}}{{d|Tail event||n|}}{{nld}}
:—Blondie, ''Dreaming'' (1979)}}{{d|Tail event||n|}}{{nld}}
{{L1}}'''Statistics''': Of a range of possible independent events, one whose frequency is three or more [[Normal distribution|standard deviation]]s from the mean. An event with a low [[probability]]. <li>
'''{{helvetica|Statistics}}''': Of a range of possible independent events, one whose frequency is three or more [[Normal distribution|standard deviation]]s from the mean. An event with a low [[probability]]. <br>
'''Work life''': An unwanted outcome you didn’t expect, to which you weren’t paying attention, and, therefore, for which you don’t think you should be blamed.
'''{{helvetica|Work life}}''': An unwanted outcome you didn’t expect, to which you weren’t paying attention, and, therefore, for which you don’t think you should be blamed.
</Ol>
====The randomly distributed marketplace====
====The randomly distributed marketplace====
{{Drop|A|market, in the}} abstract, looks like a [[nomological machine]]. There is a bounded environment, a finite trading day, a limited number of market participants and a defined set of financial instruments with which one can engage in a limited range of transactions, whose outcomes will set the price for the traded instrument, which can be easily compared with the last traded price for that instrument (in that it will be higher, lower, or the same).  
{{Drop|A|market, in the}} abstract, looks like a [[nomological machine]]. There is a bounded environment, a finite trading day, a limited number of market participants and a defined set of financial instruments with which one can engage in a limited range of transactions, whose outcomes will set the price for the traded instrument, which can be easily compared with the last traded price for that instrument (in that it will be higher, lower, or the same).