Jieon Seo, 10/11 Simulate 10,000 observations of an exponential distribution with parameter equal to one. 1 a, Plot a histogram of the results. Use an appropriate number of breaks in the graph.2. The attached file contains the daily returns (in percentage points) of the New York Stock Exchange between February 2, 1984, and December 31, 1991 a. Plota histogram of the returnsc. Comment on the shape of the graph. The histogram is focused 0. Itis shaped like a bell, even though the middle part of the graph is focused relatively more. For the QQ line, since this is financial data, there are some datas that are 4 or 5 standard deviations away from the mean, because it is finance, we have to always think about the risks. An abnormal data just happens without any warning. d. What happened when the lowest daily return was observed? ‘That was what one could see as a risk of financial data. This is what differs the financial data from other data formats. An unexpected data is shown in the lowest daily return, making it an outlier, almost. This only has 3~4 %. Compared to the other data, which are focused on the SND, this retum is far from it.