Lecture 5 Slides
... • The number -1.96 is the number of standard deviations bellow the mean we must go to be sure that only 2.5% of the observation that can be sampled from that normal distribution will be bellow that level • Sometimes we might want to be even more confident such that say only 1% of the possible outcom ...
... • The number -1.96 is the number of standard deviations bellow the mean we must go to be sure that only 2.5% of the observation that can be sampled from that normal distribution will be bellow that level • Sometimes we might want to be even more confident such that say only 1% of the possible outcom ...
draft1 140212
... due to the drying up of credit globally during the crisis. And different rates will apply depending on the quality of investor’s creditworthiness. The ideal perfect market is also tainted as the size of the deal and market imperfections such as asymmetry of information are ever-present which was dem ...
... due to the drying up of credit globally during the crisis. And different rates will apply depending on the quality of investor’s creditworthiness. The ideal perfect market is also tainted as the size of the deal and market imperfections such as asymmetry of information are ever-present which was dem ...
AFR, Jan 2013
... • Realigned BDM panels to give you access to knowledgeable experienced staff in person, over the phone and online • Tailored and flexible support − Field-based − Office-based ...
... • Realigned BDM panels to give you access to knowledgeable experienced staff in person, over the phone and online • Tailored and flexible support − Field-based − Office-based ...
SCSX1005_SEMIII_DS
... A Heap is a compete binary tree with the property that the value at each node is at least as large as ( or as small as ) the values at its children (if they exist). If the value at the parent node is larger than the values on its children then it is called a Max heap and if the value at the parent ...
... A Heap is a compete binary tree with the property that the value at each node is at least as large as ( or as small as ) the values at its children (if they exist). If the value at the parent node is larger than the values on its children then it is called a Max heap and if the value at the parent ...
November 2013 Examinations INDICATIVE SOLUTIONS Subject CT2 – Finance and Financial
... To earn money from the anticipated movement in value of the underlying asset E.g. If an investor expects the price of a stock to fall in the next three months, he couls buy a put option or short sell a futures contract. An option will restrict his risk to the amount of the initial premium paid but a ...
... To earn money from the anticipated movement in value of the underlying asset E.g. If an investor expects the price of a stock to fall in the next three months, he couls buy a put option or short sell a futures contract. An option will restrict his risk to the amount of the initial premium paid but a ...
Radix tree - Wikipedia, the free encyclopedia
... Insert: Add a string to the tree. We search the tree until we can make no further progress. At this point we either add a new outgoing edge labeled with all remaining characters in the input string, or if there is already an outgoing edge sharing a prefix with the remaining input string, we split it ...
... Insert: Add a string to the tree. We search the tree until we can make no further progress. At this point we either add a new outgoing edge labeled with all remaining characters in the input string, or if there is already an outgoing edge sharing a prefix with the remaining input string, we split it ...
PowerPoint Presentation - Unit 1 Module 1 Sets, elements, subsets
... knows that the password consists of 4 letters chosen from this set: {g,o,m,e,r,i,n,a}. How many passwords are possible, if a password does not contain repeated letters and the third letter is a vowel? In order to guess a password Macbeth has to make four dependent decisions. Since the choice of the ...
... knows that the password consists of 4 letters chosen from this set: {g,o,m,e,r,i,n,a}. How many passwords are possible, if a password does not contain repeated letters and the third letter is a vowel? In order to guess a password Macbeth has to make four dependent decisions. Since the choice of the ...
CS503: First Lecture, Fall 2008
... • We choose left or right based on whether the node is < or >=. • We split into one subproblem of size n/2 each time we traverse. – What recurrence would we have for this? – What would be the solution? ...
... • We choose left or right based on whether the node is < or >=. • We split into one subproblem of size n/2 each time we traverse. – What recurrence would we have for this? – What would be the solution? ...
NBER WORKING PAPER SERIES RESOLVING MACROECONOMIC UNCERTAINTY IN STOCK AND BOND MARKETS
... Economic derivatives are structured as calls, puts, and digital options. These securities can be traded by themselves or in combinations such as spreads, straddles, strangles, and risk reversals. The strike prices are set to reflect the range of possible outcomes. The payoffs of the call (put) optio ...
... Economic derivatives are structured as calls, puts, and digital options. These securities can be traded by themselves or in combinations such as spreads, straddles, strangles, and risk reversals. The strike prices are set to reflect the range of possible outcomes. The payoffs of the call (put) optio ...
Investment Risk - Central Independent Advisers
... years are shown in red and best years are shown in blue. 3: Security. In considering risk we also look at the security of a particular asset. An example of this is that Gilts (bonds issued by the UK government are generally considered safer than other fixed interest securities (e.g. bonds issued by ...
... years are shown in red and best years are shown in blue. 3: Security. In considering risk we also look at the security of a particular asset. An example of this is that Gilts (bonds issued by the UK government are generally considered safer than other fixed interest securities (e.g. bonds issued by ...
Introduction to variance reduction methods 1 Control
... variance of the stratum G ≤ d is equal to zero, so if you follow the optimal choice of number, you do not have to simulate points in this stratum : all points have to be sampled in the stratum G ≥ d! This can be easily done by using the (numerical) inverse of the distribution function of a Gaussian ...
... variance of the stratum G ≤ d is equal to zero, so if you follow the optimal choice of number, you do not have to simulate points in this stratum : all points have to be sampled in the stratum G ≥ d! This can be easily done by using the (numerical) inverse of the distribution function of a Gaussian ...
Text Processing in Linux A Tutorial for CSE 562/662 (NLP)
... while (entry && entry->v->key!=key) entry=entry->next; if (!entry) make_new_entry(key); return entry; ...
... while (entry && entry->v->key!=key) entry=entry->next; if (!entry) make_new_entry(key); return entry; ...
Binary Search Trees
... Inorder, preorder, and postorder The binary-search-tree property allows us to print out all the keys in a binary search tree in sorted order by a simple recursive algorithm, called an inorder tree walk. This algorithm is so named because the key of the root of a subtree is printed between the val ...
... Inorder, preorder, and postorder The binary-search-tree property allows us to print out all the keys in a binary search tree in sorted order by a simple recursive algorithm, called an inorder tree walk. This algorithm is so named because the key of the root of a subtree is printed between the val ...
16 B+ trees
... A B+-tree of order M ≥ 3 is an M-ary tree with the following properties: Leaves contain data items or references to data items – all are at the same depth – each leaf has L/2 to L data or data references (L may be equal to, less or greater than M; but usually L << M) Internal nodes contain searchi ...
... A B+-tree of order M ≥ 3 is an M-ary tree with the following properties: Leaves contain data items or references to data items – all are at the same depth – each leaf has L/2 to L data or data references (L may be equal to, less or greater than M; but usually L << M) Internal nodes contain searchi ...
Lattice model (finance)
For other meanings, see lattice model (disambiguation)In finance, a lattice model [1] is a technique applied to the valuation of derivatives, where, because of path dependence in the payoff, 1) a discretized model is required and 2) Monte Carlo methods fail to account for optimal decisions to terminate the derivative by early exercise. For equity options, a typical example would be pricing an American option, where a decision as to option exercise is required at ""all"" times (any time) before and including maturity. A continuous model, on the other hand, such as Black Scholes, would only allow for the valuation of European options, where exercise is on the option's maturity date. For interest rate derivatives lattices are additionally useful in that they address many of the issues encountered with continuous models, such as pull to par.