Tag: econometrics

DefinitionIn statistics, sampling bias is a bias in which a sample is collected in such a way that some members of the intended population...

What is 'Bait Record' An internal control used in accounting to detect fraud and improper usage. Bait records are planted in computerized...

What is 'Cambrist' An individual who is deemed to have above-average knowledge of the foreign exchange market. A cambrist can relate to...

DefinitionA quartile is a type of quantile. The first quartile is defined as the middle number between the smallest number and the median of...

What is 'Quantitative Trading' Quantitative trading consists of trading strategies based on quantitative analysis, which rely on mathematical computations and number crunching to identify trading...

What is 'Qualifying Relative' A federal income tax designation that allows a taxpayer to claim as a dependent someone for whom he or she provided...

Volatility is the variation in the trading prices over a period of time that is calculated with the help of standard deviation or variation...

What is 'Wealth Psychologist' A wealth psychologist is a mental health professional who specializes in issues relating specifically to wealthy individuals. Wealth...

Generalized AutoRegressive Conditional Heteroskedasticity (GARCH) Process What is the 'Generalized AutoRegressive Conditional Heteroskedasticity (GARCH) Process ' The generalized autoregressive conditional heteroskedasticity...

What is 'Generalized AutoRegressive Conditional Heteroskedasticity (GARCH)' A statistical model used by financial institutions to estimate the volatility of stock returns. This...