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Degrees of Freedom

Posted by Bill Campbell III, CFA on October 24, 2014
Posted in: Level I Quantitative Methods, Level II Quantitative Methods.

Suppose that, for reasons known only to yourself and your therapist, you need to know the average height of all giraffes in the world.  Desperately.  You face a number of obstacles, not the least of which is that there are estimated to be about 80,000 giraffes in the world, and giraffes are notoriously difficult to […]

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