Who firstly discovered mathematical theory for random walks
Who firstly discovered mathematical theory for random walks, that rediscovered later by Einstein?
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A mathematical theory is developed by Louis Bachelier, for random walks. This theory rediscovered later by Einstein also.
A software company has a new product specifically designed for the lumber industry. The VP of marketing has been given a budget of $1,35,00to market the product over the quarter. She has decided that $35,000 of the budget will be spent promoting the product at the nat
Mathematical and theoretical biology is an interdisciplinary scientific research field with a range of applications in the fields of biology, biotechnology, and medicine. The field may be referred to as mathematical biology or biomathematics to stress the mathematical
The basic Fermat algorithm is as follows: Assume that n is an odd positive integer. Set c = [√n] (`ceiling of √n '). Then we consider in turn the numbers c2 - n; (c+1)2 - n; (c+2)2 - n..... until a perfect square is found. If th
Explain trading of call options.
AB Department Store expects to generate the following sales figures for the next three months:
Where would we be without stochastic or Ito^ calculus?
this assignment contains two parts theoretical and coding the code has to be a new. old code and modified code will appear in the university website .
Prove the law of iterated expectations for continuous random variables. 2. Prove that the bounds in Chebyshev's theorem cannot be improved upon. I.e., provide a distribution that satisfies the bounds exactly for k ≥1, show that it satisfies the bounds exactly, and draw its PDF. T
Area Functions 1. (a) Draw the line y = 2t + 1 and use geometry to find the area under this line, above the t - axis, and between the vertical lines t = 1 and t = 3. (b) If x > 1, let A(x) be the area of the region that lies under the line y = 2t + 1 between t
Who firstly use the finite-difference method?
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