Mathematical laws under condition of Central Limit Theorem
Explain all mathematical laws under the condition of Central Limit Theorem.
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Conditions under the Central Limit Theorem are as follows. • The random numbers should all be drawn from similar distribution• The draws should all be independent• The distribution should have standard deviation and or interest rates.
Explain valid criticisms of Value at Risk.
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Which ratios the bankers are most interested in while considering whether to grant a short-term business loan?
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