Top 4 Statistical Methods for Measuring Risk | Company

The following points highlight the top four statistical methods used for measuring risk. The methods are: 1. Probability 2. Expected Value 3. Variability or Dispersion 4. Standard Deviation (SD). Statistical Method # 1. Probability: If we toss an unbiased coin, we would obtain any one of two outcomes—head and tail. If we toss the coin quite a good number of [...]