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For an example where payoffs are costs please see: https://youtu.be/ajkXzvVegBk ~~~~~~~~~~~ This is the first part tutorial video on the basics of The objective is to understand type I and type II errors and the misleading use of hindsight to evaluate mortgage MIT IDS.333 Risk and

The objective is to understand type I and type II errors and the misleading use of hindsight to evaluate mortgage

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