Comment Comment by karl42 From the article: "Both distributions below have standard deviations of 1"I thought fat tailed distributions don't have a variance. But apparently I'm using the term in a stricter sense than other people. See http://en.wikipedia.org/wiki/Fat-tailed_distribution#Definit... for details if you were wondering, too. parent karl42 13 years ago
I thought fat tailed distributions don't have a variance. But apparently I'm using the term in a stricter sense than other people. See http://en.wikipedia.org/wiki/Fat-tailed_distribution#Definit... for details if you were wondering, too.