About this document
Assumptions in Statistical Modeling by Md Azim is a document available to read on EtoBox.
This document discusses assumptions made in statistical models. It notes that models often make simplifying assumptions, like assuming the path of the Circle Line underground follows a perfect circle. It also discusses how financial returns are often assumed to follow a normal distribution, but this does not always reflect reality. The key point is that assumptions can be incorrect and lead to unexpected outcomes, so it is important to beware of assumptions made in models.
- Author
- Md Azim
- Language
- EN