Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
The purpose of this paper is threefold. First, the exact nature of the research hypothesis being tested will be discussed, which will lead directly into the notion of directional and nondirectional ...
The chi-square test, likelihood ratio test, and other goodness of fit tests in a family are shown to have monotonic power functions, and hence are unbiased, for testing a simple hypothesis that all ...
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