#measurement

One important measurement issue concerns the fat tails problem that I mentioned earlier. VAR is concerned with extreme outcomes. If the tails of the probability distributions we are using are too thin, our VAR measures are likely to be too low. ↗

— John Hull

#concerns #earlier #extreme #fat #i

There are challenges in terms of the measurement of VAR for what are known as nonlinear derivatives, where things like gamma and vega are important dimensions of the risk. ↗

— John Hull

#derivatives #dimensions #gamma #important #known

Just because you see pictures of glaciers falling into the ocean doesn't mean anything bad is happening. This is something that happens all the time. It's part of the natural cycle of things. We know from measurements that glaciers have been melting for 200 years at least. ↗

— Freeman Dyson

#bad #because #been #cycle #falling

Our scientific age demands that we provide definitions, measurements, and statistics in order to be taken seriously. Yet most of the important things in life cannot be precisely defined or measured. Can we define or measure love, beauty, friendship, or decency, for example? ↗

— Dennis Prager

#beauty #cannot #decency #define #defined

Well, usually when you talk about a mandate, you're talking about an overwhelming win. I don't think by any measurement the 2004 election was an overwhelming win. ↗

— Lincoln Chafee

#any #election #i #mandate #measurement

In a few years, all great physical constants will have been approximately estimated, and that the only occupation which will be left to men of science will be to carry these measurements to another place of decimals. ↗

— James C. Maxwell

#approximately #been #carry #constants #estimated

I can taste one sugar crystal, just like I can feel one Cupid (the metric unit of measurement for love).
 ↗

— Jarod Kintz

#love #measurement #metric-unit #sugar #taste

When it comes to exploring the mind in the framework of cognitive neuroscience, the maximal yield of data comes from integrating what a person experiences - the first person - with what the measurements show - the third person. ↗

— Daniel Goleman

#comes #data #experiences #exploring #first

It may well be said that the answer to the question: Of what do the cosmic rays in fact consist before they produce their familiar secondary radiation phenomena in the earth's atmosphere? can only be obtained from numerous measurements in the stratosphere. ↗

— Victor Francis Hess

#atmosphere #before #consist #cosmic #cosmic rays

Thus I was able to make pioneering measurements of the height and physical scale of plasma clouds in the ionosphere and also to estimate wind speeds in this region. ↗

— Antony Hewish

#also #clouds #estimate #height #i