This chapter introduces the concepts of curve fitting, regression, covariance, and correlation, as applied to probability and statistics. Several examples are presented to illustrate their use in ...

When reading testimonials from those who have taken the Securities Analyst Level I exam, statistics is the subject most ...

Offers an alternative to Markowitz’s “Portfolio Selection”. Outlines the nuts and bolts of correlation between past and future performance, or between expected and actual returns. Explains optimal ...