Statistical Consequences of Fat Tails
Real World Preasymptotics, Epistemology, and Applications
Book cover for Nassim’s next book Statistical Consequences of Fat Tails
Month: July 2019
[YouTube] It is a 10 Sigma Event or are You wrong about the World? Wittgenstein’s Ruler
When someone tells you it was a 10 sigma event, meaning it is 10 standard deviations and it is Gaussian; unless the information came from God, you can reject the Gaussian distribution for that domain. We show the derivations.
This is extracted from my book.