1. Using Snippet 15.5, compute for the strategy described in exercise 3. At a significance level of 0.05, would you discard this strategy? Is this result consistent with PSR[𝜃∗]?
2. In general, what result do you expect to be more accurate, PSR[𝜃∗] or How are these two methods complementary?
3. Re-examine the results from Chapter 13, in light of what you have learned in this chapter.
(a) Does the asymmetry between profit taking and stop-loss thresholds in OTRs make sense?
(b) What is the range of p implied by Figure 13.1, for a daily betting frequency?
(c) What is the range of p implied by Figure 13.5, for a weekly betting frequency?