Show that if (tilde{x}_{1} succeq_{mathrm{FSD}} tilde{x}_{2}) then (mathbb{E}left[tilde{x}_{1} ight] geq mathbb{E}left[tilde{x}_{2} ight]) and provide a counterexample showing
Question:
Show that if \(\tilde{x}_{1} \succeq_{\mathrm{FSD}} \tilde{x}_{2}\) then \(\mathbb{E}\left[\tilde{x}_{1}\right] \geq \mathbb{E}\left[\tilde{x}_{2}\right]\) and provide a counterexample showing that the converse implication does not hold.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Data...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Markets Theory Equilibrium Efficiency And Information
ISBN: 9781447174042
2nd Edition
Authors: Emilio Barucci, Claudio Fontana
Question Posted:
Students also viewed these Business questions
-
"internet radios" for streaming audio, and personal video recorders and players. Describe design and evaluation processes that could be used by a start-up company to improve the usability of such...
-
Miller-Rabin test to check whether a number N is composite. This will involve computing a N1 mod N for some value of a. [10 marks] Carry out the steps for N = 65 and a = 1, 2, 8 and 12. on what each...
-
Portray in words what transforms you would have to make to your execution to some degree (a) to accomplish this and remark on the benefits and detriments of this thought.You are approached to compose...
-
Explain why each of the following statements about profit-maximizing competitive firms is incorrect. Restate each one correctly. a. A competitive firm will produce output up to the point where price...
-
January 1, 2018, Jackson Corp. purchased $1.6 million of 6-year, 3% bonds for $1,515,397 to yield a market interest rate of 4%. Interest is received semi-annually on July 1 and January 1. Jackson's...
-
McDougal Printing, Inc., had sales totaling $40,000,000 in fiscal year 2012. Some ratios for the company are listed below. Use this information to determine the dollar values of various income...
-
The company is committed to ethical conduct and has no tolerance for fraud and unethical behavior. There are some concerns about abuses in your department. Do you know anything about the concerns I...
-
At the beginning of the current season on April 1, the ledger of Thousand Oaks Pro Shop showed Cash $2,500; Inventory $3,500; and Common Stock $6,000. The following transactions were completed during...
-
Can you explain why we neglect the gravitational force between most objects unless at least one of them has an enormous mass (Earth, moon, Sun)
-
Exercise 2.20 (i) Does \(\tilde{x}_{1} \succeq_{\text {SSD }}^{M} \tilde{x}_{2}\) imply \(\sigma^{2}\left(\tilde{x}_{1} ight) \leq \sigma^{2}\left(\tilde{x}_{2} ight)\) ? (ii) Does \(\tilde{x}_{1}...
-
Let \(\tilde{x}_{1}\) be a random variable taking values \(\{-1,1,0\}\) with probabilities \(\{\pi, \pi, 1-2 \pi\}\), respectively, and \(\tilde{x}_{2}\) a random variable taking values...
-
Refer to the information in Exercise 9-11. Assume that each of the company's divisions has a required rate of return of 7%. Compute residual income for each division. In Exercise 9-11 Kraft Foods...
-
The Case of the Troubled Casino The Upper Midwest of the United States has lagged behind the economic recovery enjoyed by much of the rest of the nation. With an economy built largely on the steel,...
-
Calvin had been an avid coin collector for many years, and the most valuable coin in his collection was an uncirculated, mint condition, 1943 Lincoln penny made of copper (most pennies made during...
-
Discuss the role of circadian rhythms in orchestrating temporal patterns of homeostatic processes such as sleep-wake cycles, metabolism, and hormone secretion?
-
Answer each item and proAbel donated a lot to his illegitimate son Tony. Abel found out later, however, that Tony was not his son. Can Abel have the contract annulled? Explain the grounds of your...
-
How do environmental factors such as temperature, humidity, and altitude challenge the body's ability to maintain homeostasis, and what adaptive responses are elicited?
-
For how many months, at an interest rate of 1% per month, does money have to be invested before it will double in value?
-
Cobb Manufacturing Company uses a process cost system and average costing. The following production data is for the month of June 2011. Production Costs Work in process, beginning of the month:...
-
In the May 29, 1992, Weekly Market Update published by Goldman, Sachs & Co., the following information was reported in an exhibit for high-grade, tax-exempt securities as of the close of business...
-
Answer the below questions. (a) What is an embedded option in a bond? (b) Give three examples of an embedded option that might be included in a bond issue. (c) Does an embedded option increase or...
-
Answer the below questions. (a) What is a yield curve? (b) Why is the Treasury yield curve the one that is most closely watched by market participants?
-
In a group of 75 students, 31 are enrolled in Maths, 33 in Business Studies and 49 in Computer Science. There are 10 enrolled in Maths and Business Studies, 16 enrolled in Maths and Computer Science,...
-
Calculate the mass of a solid gold rectangular bar that has dimensions /wh = 4.40 cm x 10.0 cm x 29.0 cm. (The density of gold is 19.3 x 103 kg/m.) kg Need Help? Read It Master I
-
Describe different forms of market efficiency and examine Behavioral critism of the hypothesis.
Study smarter with the SolutionInn App