S preadsheets have come a long way since the days of manually dragging formulas and copy-pasting data as if your life depended on it. Let’s just say there’s a newer, smarter approach, and it starts ...

A simple random sample is a subset of a statistical population where each member of the population is equally likely to be chosen.

GARCH models have been applied in modelling the relation between conditional variance and asset risk premia. These models, however, have at least three major drawbacks in asset pricing applications: ...