$25.00
The English mathematician Francis Galton is credited with inventing the concepts behind standard deviation. Perhaps Galton would paraphrase Newton and state that he saw further by sitting on the shoulders of the giants who preceded him, such as the German mathematician Carl Friedrich Gauss. Today, standard deviation is used in a variety of disciplines, and it isn’t surprising that it’s frequently employed as a risk and dispersion statistic, despite its shortcomings.
David D. Spaulding, DPS, CIPM
Description
The English mathematician Francis Galton is credited with inventing the concepts behind standard deviation. Perhaps Galton would paraphrase Newton and state that he saw further by sitting on the shoulders of the giants who preceded him, such as the German mathematician Carl Friedrich Gauss. Today, standard deviation is used in a variety of disciplines, and it isn’t surprising that it’s frequently employed as a risk and dispersion statistic, despite its shortcomings.
Why Do We Abuse, Misuse, and Confuse Standard Deviation?
Related products
-
A Hierarchy of Methods for Calculating Rates of Return
$25.00 Add to cart -
A Consistent Linking Concept for Fast Calculations of the Rate of Return and Research of Investment
$25.00 Add to cart -
A Four-factor Performance Attribution Model for Equity Portfolios
$25.00 Add to cart -
A Framework for Evaluating Hedge Fund Risk
$25.00 Add to cart