When Do I Take Which Distribution?: A Statistical Basis for Entrepreneurial Applications

This book provides the statistical basis for quantitative risk management by presenting and explaining the most important distributions. Distributions describe the occurrence and impact of a risk. They are a prerequisite for risk aggregation, risk analysis and risk assessment as required by the German revision standards IDW PS 340, StaRUG and FISG.

This book portrays the distributions that are fundamental for enterprise risk management and shows when and how they are used. These include ...