Quote from byteme:
Police force capabilities, equipment, preparedness etc. are arguably proportional to the threats and demands they are likely to anticipate within reason.
I would suggest that a 6-sigma event would catch any system off-guard; I thought you would understand that given your background in trading and options.
Murder rate in Illinois 6.0 per 100,000
Murder rate in Norway 0.6 per 100,000
Then you are the fat-tail arguement out of hand, and you are clearly ignoring the fundamentals. Terrorists clearly target the weak.
Name the number of terrorist attacks in Illinois versus Norway.
