What is the closest estimate of the daily ES at the 97.5% confidence level?
A. INR 262 million
B. INR 264 million
C. INR 292 million
D. INR 299 million
Answer:D
What is the closest estimate of the daily ES at the 97.5% confidence level?
A. INR 262 million B. INR 264 million C. INR 292 million D. INR 299 million
Explanation: An estimate of the expected shortfall (ES) can be obtained by taking the average of the