{"id":8671,"date":"2017-06-26T20:45:32","date_gmt":"2017-06-27T03:45:32","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=8671"},"modified":"2017-06-26T20:45:32","modified_gmt":"2017-06-27T03:45:32","slug":"the-empirical-distribution-is-not-empirical-2","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2017\/06\/the-empirical-distribution-is-not-empirical-2\/","title":{"rendered":"The empirical distribution is &#8230; not empirical"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/0iw9oqnhVKQ?rel=0&amp;iv_load_policy=3\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Published on Jun 12, 2017<br \/>\nFor fat tailed distributions, the empirical distributions does not reflect the true statistical properties, particularly for extremes. This is a simplified side note to a paper with Mark Spitznagel on why people make a mistake by looking at raw historical data as &#8220;empiricism&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Published on Jun 12, 2017 For fat tailed distributions, the empirical distributions does not reflect the true statistical properties, particularly for extremes. This is a simplified side note to a paper with Mark Spitznagel on why people make a mistake by looking at raw historical data as &#8220;empiricism&#8221;.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[1487],"class_list":["post-8671","post","type-post","status-publish","format-standard","hentry","category-video","tag-empirical-distribution"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=8671"}],"version-history":[{"count":1,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8671\/revisions"}],"predecessor-version":[{"id":8672,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8671\/revisions\/8672"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=8671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=8671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=8671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}