We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Grey boxes

10 October 2008

Statistics professors admonish students that correlation doesn t prove causation. Those who set up Wall Street s risk systems ignored that, as the mounting market damage proves. Overreliance on models at the expense of analysis is to blame, but can be reversed at a cost.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)