Explain useful properties of low-discrepancy sequence theory

Explain useful properties of low-discrepancy sequence theory or quasi random number theory.

E

Expert

Verified

The subject relates the distribution of points in an arbitrary no. of dimensions in order to cover this space as efficiently as possible, along with as little points as possible, as demonstrated in figure. The methodology is used in the evaluation of multiple integrals between other things. Such ideas would find a use in finance approximately three decades later.

2168_low-discrepancy.png

Figure 1.1: They may not look like this, but all dots are distributed deterministically in order to have very useful properties.

   Related Questions in Corporate Finance

  • Q : Could we explain that the shares’ value

    Could we explain that the shares’ value is intangible?

  • Q : Explain merits and demerits of standard

    Explain merits and demerits of standard market practice to find the volatility as a function of underlying.

  • Q : Corporate Earnings Analysis exercise

    Identify two comparable corporations.  Explain why you think they are comparable to your corporation. Earnings analysis:  Do an earnings analysis of your corporation.  Calculate and plot.

    Q : How can auditor spot acts of creative

    How can auditor spot acts of creative accounting? Means let an illustration, the excess of provisions or the non-elimination of intra group transactions along with value added.

  • Q : What is a 3 x 1 Split What is a 3 x 1

    What is a 3 x 1 Split?

  • Q : Using the DCF method Your Corp, Inc.'s

    Your Corp, Inc.'s data is as follows:Beta; 1.30Recent dividend; $.90Expected dividend growth; 7%Expected return of the market; 14%Treasury Bills are yielding; 4%Most recent stock price; $65 A] Us

  • Q : Define Project Financing Project

    Project Financing: It is the procedure of determining how to go around obtaining the resources needed in managing the costs related with the launch and continuing operation of a project. Whereas this procedure sometimes comprises the re-allocation of

  • Q : Calculating Super normal profit The

    The case study of an economic analysis is done for Schlumberger, oilfield Service Company.  They are No. 1 in terms of market caps, revenue and employees globally. When any references are used/outside sources (except for Schlumberger's annual reports and financia

  • Q : Active versus Passive fund managers

    Active vs. Passive fund managers: Passive fund managers adopt a long term buy and hold strategy. Usually, stocks are purchased so that the portfolio’s returns will track those of an

  • Q : Explain accurately value bond options

    If the model could not even find bond prices right, how could this hope to accurately value bond options?

©TutorsGlobe All rights reserved 2022-2023.