Hi all, will we be expected to answer many state Bayesian problems in the FRM part 1 exam?
Example:
Suppose 3 types of managers: underperformers beat mkt 25% of the time. In-line performers beat mkt 50% of the time. Outperformers beat mkt 75% of the time. Prior belief is that manager has 60%...
Session 2, Reading 9 (Part 2): This video reviews portfolio variance and covariance, where covariance is the expected cross-product. We look at correlation, which is given by the covariance divided by the product of standard deviations, and therefore standardizes the covariance into a unitless...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.