Robustniks
Robustniks are researchers who think that every model is wrong and no model can be expected to explain all the return observations. Robustniks make their volatility predictions in such a way that their prediction remains reliable even when there are outliers in the data or when the model changes over time.
Which of the following actions does not describe a robustnik's mind set?
This exercise is part of the course
GARCH Models in R
Hands-on interactive exercise
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