Week-2
1.
2. We have 5 observations of X.
3. discrete
4. relative frequency can be used to compare the ratio of values between different collections with a different number of values.
5. Relative frequency becomes approximately the distribution of the corresponding random variable
6. 95% VaR measures the amount of investment you can lose, at the worst 5% scenario
7.(20- 10) * 1/100
8.norm.cdf() and norm.pdf() from scipy.stats
9. Numpy
10. Close to normal distribution but with fat tail