How many assumptions are made to find probabilistic event
How many assumptions are made to find a taxi?
Expert
For such problem the evident assumptions to make are:1. Taxi numbers are harshly positive integers2. Numbering starts with 13. No one number is repeated4. Number is not skipped.
what would it cost an insurance company to replace a family's personal property that originally cost $18,000? the replacement costs for the items have increased 15 percent.
Explain the first way of calibration if we can’t measure that parameter.
Explain reward versus risk.
You have one hat containing normally distributed random numbers, with a mean of zero and a standard deviation of σ which is unknown. You draw N numbers φi from this hat. What is the ‘probability’ of drawing all of the numbers &ph
What are the modern approaches uses for forecast volatility and model?
Calculate the 30-, 90-, & 180-day forward cross exchange rates among the German mark and the Swiss franc by using the most current quotations. Describe the forward cross-rates in "German" terms. The formulas we desire to use are: &n
What is the significance of the term additional funds needed?
Alpha and Beta Companies can borrow at the described rates. &nbs
What is volatility in finance?
Where are Monte Carlo simulations used?
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