Consider a VAR of $100 000 for a 95% confidence level. A problem with this information is

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Consider a VAR of $100 000 for a 95% confidence level. A problem with this information is that while we know that we will lose more than the VAR amount on 5 days out of every 100, we do not know the maximum amount we can lose.Explain

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Apr 19, 2024 01:43 AM

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Consider a VAR of $100 000 for a 95% confidence level. A problem with this information is

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Value at Risk VAR is a statistical measure used to estimate the maximum potential loss in the value ... View the full answer

Microeconomics An Intuitive Approach with Calculus

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