3 ms·
I don't think normality is required -- the sqrt(n) scaling factor comes out of variance laws and the definition of the mean. It should be true for any distribu
by kqr 4y ago
I don't think normality is required -- the sqrt(n) scaling factor comes out of variance laws and the definition of the mean.
It should be true for any distribution that has a variance, and the 150-year historic return certainly has a variance.
- xapata 4y agoThe sample variance is different from the distribution variance, but I get your point.