Question

Modules 5 and 6 rely heavily on an understanding of the statistical characteristics of securities' returns. Discuss your comfort level with statistics before and after your coverage of the material in these modules. What resources provided proved most helpful? Least helpful?

Answer 1

Some of the modules measure and evaluate quantity; others will discuss and cover quality. Statistics, at its core is the science of understanding data. Qualitative data, is difficult to quantify, and quantitative data are both types of information that statistics help us analyze, process and use.

The better grasp you have on statistics and statistical analysis, the more prepared can be in a range of activities and situations, from playing games to doing your job. Statistical analysis is important for all walks of life, and no student should graduate without a basic understanding of statistics.

modules 5 and 6 were really helpful in understanding some important aspects of statistics.