A normal approximation to the null distribution of the likelihood ratio statistic for testing the multivariate general linear hypothesis is developed. This approximation is compared with the ...

The Annals of Statistics, Vol. 49, No. 4, Memorial issue for Charles Stein (August 2021), pp. 1850-1863 (14 pages) This paper is a short exposition of Stein’s method of normal approximation from my ...

We introduce the triangular approximation to the normal distribution in order to extract closed- and semi-closed-form solutions that are useful in risk measurement calculations. In risk measurement ...

Merton, Robert C., and Paul A. Samuelson. "Fallacy of the Log-Normal Approximation to Optimal Portfolio Decision Making over Many Periods." Journal of Financial Economics 1 (May 1974): 67–94.

This video describes the central limit theorem and some properties of the normal distribution. Understanding this will help you tie together many of the different types of hypothesis tests and ...

This issue of The Journal of Risk further advances the state of knowledge in risk management, with one paper on credit risk and three papers on market risk. The first paper, “A Multivariate Markov ...