Prove that if X1,X2, . . . are independent and identically distributed random variables having finite expectations,
Question:
Transcribed Image Text:
ΕΙΣΧη-E(N)E(X) (24.58)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
Letting we have that Hence However In 1 if and ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
An Introduction to the Mathematics of Financial Derivatives
ISBN: 978-0123846822
3rd edition
Authors: Ali Hirsa, Salih N. Neftci
Question Posted:
Students also viewed these Finance questions
-
Consider an investment with the following returns over four years: a. What is the compound annual growth rate (CAGR) for this investment over the four years? b. What is the average annual return of...
-
Two components operate in parallel in a device, so the device fails when and only when both components fail. The lifetimes, X1 and X2, of the respective components are independent and identically...
-
Assume N ? Poi(?) is a Poisson-distributed random variable with probability mass function f(n) = e -? ? n /n! for n ? IN 0 . Consider a random variable X, with where X n are independent and...
-
Shelby Company has an available production capacity of 180,000 hours. This can be used to produce 3 products in any combination. The total fixed cost is 180,000. Other information is as follows: X Y...
-
Have you ever worked for the minimum wage? If so, for how long? Would you favor increasing the minimum wage by a dollar? By two dollars? By five dollars? Explain your reasoning.
-
Write a method: public static void downsize that removes every nth employee from a linked list. (LinkedList employeeNames, int n)
-
What is the significance of the 0/100 rule and the 50/50 rule and why would each be used?
-
Annas, Inc., has a $350,000, 4 percent bond issue that was issued a number of years ago at face value. There are now 10 years left on the bond issue, and the market increase rate is 8 percent....
-
Write a code In python 4.22 LAB*: Program: Automobile service invoice (1) Output a menu of automotive services and the corresponding cost of each service. (2 pts) Ex: Davy's auto shop services Oil...
-
From your current data for the interval (all thirty points), you have a certain percentage uncertainty for the average that would be (o/x)-100%. If you wanted to reduce the percentage uncertainty by...
-
Consider a policy maker who uses an instrument kt to control the path followed by some target variable Yt. The policy maker has the following objective function The environment imposes the following...
-
Consider the following SDE that governs asset prices in our model: dSt = Stdt + StdWt (24.59) Assume that the risk-free interest rate is 3% and that there are no dividends in the model. Further,...
-
The points A, B and C have coordinates (1, 2, 2), (7, 2, 1) and (2, 4, 1) relative to rectangular coordinate axes. Find: (a) The vectors AB(vector) and AC(vector) (b) (c) The unit vector in the...
-
True Or False Remedies under nuisance law are contingent on balancing the costs and benefits of the nuisance, but such balancing is not required under CERCLA.
-
True Or False Proceedings are not deemed to have concluded in favor of the plaintiff for the purpose of malicious prosecution if the prosecutor declines not to prosecute.
-
True Or False A defendant cannot be found liable for misrepresentation if he makes a statement that is a half-truth.
-
True Or False One reason some clients file malpractice claims against their attorney is that they have unrealistic expectations about their case.
-
True Or False A patients morale will never have a bearing on what a professional does in informing them.
-
If you place a stop- loss order to sell 100 shares of stock at $55 when the current price is $62, how much will you receive for each share if the price drops to $50? a. $50 b. $55 c. $54.90 d. Cannot...
-
The cash records of Holly Company show the following four situations. 1. The June 30 bank reconciliation indicated that deposits in transit total $720. During July, the general ledger account Cash...
-
Because your customer went on vacation at year-end, they didnt get their huge order placed with you. They told you they would place the order in December but the purchasing department left early for...
-
Create an original example to demonstrate how an individual or firm acting out of self-interest (seeking profits by offering goods or services in economic markets) must benefit consumers even if...
-
Trenton worked on four jobs during its first year of operation: nos. 401, 402, 403, and 404. A review of job no. 403's cost record revealed direct material charges of $40,000 and total manufacturing...
-
Go into depth about the topic: Do women in the workplace still have to tolerate sexual harassment to advance or maintain their job positions? Why or why not? THE SCENARIO: You are human resource...
-
A pile group consists of nine friction piles in clay soil (see Figure 10-40). The diameter of each pile is 16 in., and the embedded length is 30 ft each. Center-to-center pile spacing is 4 ft. Soil...
-
Honest to Goodness Merchandising was registered as a Single Proprietorship by May Mendoza, the owner in the Department of Trade and Industry. Selected transactions for the month of July, 2019 are...
Study smarter with the SolutionInn App