"the single biggest worry is that statisticians and more often people who use statistics in business/research don't understand the pitfalls of a poorly constructed hypothesis statement. They also ignore TYPE II Error - Beta risk factor and…"
"Investment Banking here is misunderstood. Actuaries can play a vital role in Asset Portfolio Risk Management within Wealth Management and Private Banking Areas. But they have a very limited role in underwriting, syndications, legal contract (offer…"
"the article completely contradicts itself at the end. First, the author wants you to add as many explanatory random variables as possible to the regression model (or any other model) and later wants the reader to exercise caution!