Black swans illustrate one of the many ways in which people tend to misperceive or misinterpret statistics
Fantastic news! We've Found the answer you've been seeking!
Question:
Black swans illustrate one of the many ways in which people tend to misperceive or misinterpret statistics and probabilities. Explain what a black swan is the financial type and give several examples of prominent such events in financial history. What is the significance of a black swan and can they be prevented by either society, the industry, or government?
Related Book For
Auditing A Business Risk Approach
ISBN: 978-0538476232
8th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
Posted Date: