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LOR18: Introducing (simple) moments

EPISODE · May 29, 2025 · 18 MIN

LOR18: Introducing (simple) moments

from The Logic of Risk · host Pasquale Cirillo

In this episode we introduce moments, the bedrock of studying random variables and risk.We begin with a concise overview, then zero in on simple (raw) moments, the foundation upon which central and standardized moments are built. You’ll learn how to compute an expected value (the first moment) and how to extend the same principles to higher-order simple moments.Are you ready to take the risk?Become a supporter of this podcast: https://www.spreaker.com/podcast/the-logic-of-risk--6469023/support.

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LOR18: Introducing (simple) moments

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