Naked Statistics
Read the book Naked Statistics by Charles Wheelan. Answer the following questions in paragraph form (a paragraph is at least 5 sentences).
Discussion Questions
1. What was your favorite example he used in the book and why? (It has to be something other than the content for questions 2 and 3)
2. Explain briefly the problem with VaR (chapter 6) and how we can avoid this type of thing in the future?
3. In Chapter 9 the author uses an example where a professor thinks he has cheated. Does the professor’s reasoning make sense? Explain.