Let (left(B_{t}ight)_{t in mathbb{R}_{+}})denote a standard Brownian motion. Let (c>0). Among the following processes, tell which is
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Let \(\left(B_{t}ight)_{t \in \mathbb{R}_{+}}\)denote a standard Brownian motion. Let \(c>0\). Among the following processes, tell which is a standard Brownian motion and which is not. Justify your answer.
a) \(\left(X_{t}ight)_{t \in \mathbb{R}_{+}}:=\left(B_{c+t}-B_{c}ight)_{t \in \mathbb{R}_{+}}\),
b) \(\left(X_{t}ight)_{t \in \mathbb{R}_{+}}:=\left(B_{c t^{2}}ight)_{t \in \mathbb{R}_{+}}\),
c) \(\left(X_{t}ight)_{t \in \mathbb{R}_{+}}:=\left(c B_{t / c^{2}}ight)_{t \in \mathbb{R}_{+}}\),
d) \(\left(X_{t}ight)_{t \in \mathbb{R}_{+}}:=\left(B_{t}+B_{t / 2}ight)_{t \in \mathbb{R}_{+}}\).
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Related Book For
Introduction To Stochastic Finance With Market Examples
ISBN: 9781032288277
2nd Edition
Authors: Nicolas Privault
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