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Shapiro-Wilkes Test

A fundamental concept in finance is the use of statistical tests to evaluate the likelihood that a set of simulated net returns follows a normal distribution. This is known as the p-value, and a low value indicates that the null hypothesis - that the sample is drawn from a normal distribution - is unlikely to be true. As such, a small p-value can lead to the rejection of this hypothesis. This is a crucial tool for understanding and analyzing financial data.
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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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