Subject category:
Finance, Accounting and Control
Published by:
Centre for Islamic Banking and Finance
Length: 19 pages
Data source: Generalised experience
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Abstract
Statisticians design procedures for collecting, describing, analysing, evaluating and interpreting data. Despite the widespread application of computers, it remains the position that to value financial assets it is essential to understand what lies behind the increasingly familiar impressive looking printouts. As illustrated throughout this note statistics are subject to differing degrees of reliance and the more these limitations are understood the more you will appreciate how to value financial assets. The note applies the statistical principles to US financial markets.
About
Abstract
Statisticians design procedures for collecting, describing, analysing, evaluating and interpreting data. Despite the widespread application of computers, it remains the position that to value financial assets it is essential to understand what lies behind the increasingly familiar impressive looking printouts. As illustrated throughout this note statistics are subject to differing degrees of reliance and the more these limitations are understood the more you will appreciate how to value financial assets. The note applies the statistical principles to US financial markets.