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Module 3 - Research_...
Inflation is an important macroeconomic phenomenon. Price inflation occurs when average prices are rising above this modest and predictable rate, and price deflation occurs when average prices decline...

Module 3 - Research
Module 3 - Research

Inflation is an important macroeconomic phenomenon

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STRENGTHS WEAKNESSES Reduce emissions (less pollution in the Electric cars can travel less distance air) The initial price of the eco vehicle can be Electric cars require lower maintenance expensive C...

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Audience Analysis Prewriting - Part 2

STRENGTHS WEAKNESSES Reduce emissions (less pollut

Week 4 Discussion_16...
Women have always been considered weak compared to men and that they are meant to be at home taking care of the families but the U.S Civil War became an event in women’s life that acted as their emanc...

Week 4 Discussion
Week 4 Discussion

Women have always been considered weak compared to

Deliverable 5

Deliverable 5

Q “Risk Management” covers a number of activities some of which are pure statistics. But modern financial risk management begins where statistics ends. Decisions for which enough data is to be estimated outcomes and probabilities accurately do not require risk management. Risk minimization is more appropriate in this system when to minimize the risk subject is expected to return in other constraints. Modern financial risk management was being invented to deal with this kind of situation ("What is Risk Management and Why is it Important?", 2020).

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Risk managers use a lot of statistics, generally the non-parametric ones. This requires non-statistical methods to estimate the border, but statistical methods to evaluate the non-statistical methods. This can also be performed in a reverse manner sometimes. Conventional statistical models are used to estimate distributions and thus to identify outliers. Sometimes this is even performed with the data that is not obviously relevant, as any glitch could be a sign of an important change ("The role of statistics in managing climate change-related disaster risks", 2020).