Basic Statistics in Finance: 5 Useful Numbers -- Probabilities/Z-Score -- VaR (Value-at-Risk)

In this short video, I would like to introduce 5 simple but useful numbers in basic statistics in finance that hopefully you may find useful in your everyday life. They are simply probabilities and z-scores all based on normal distribution and I’ll also describe a term called VaR, value-at-risk, which you may hear all the time but don’t really know what it means.

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