Sentences with phrase «whose upper estimate»

Imagine that there are a few stocks in your «investible universe» whose upper estimate of expected return is less than AAA bond yield.

Not exact matches

I have concentrated on the Bayesian inference involved in such studies, since they seem to me in many cases to use inappropriate prior distributions that heavily fatten the upper tail of the estimated PDF for S. I may write a future post concerning that issue, but in this post I want to deal with more basic statistical issues arising in what is, probably, the most important of the Bayesian studies whose PDFs for climate sensitivity were featured in AR4.