Give an expression for how long it would take to be 95 sure


A Monte Carlo price of a derivative has a standard error of 0.01 after 10 seconds. How long would it take to get a standard error of 0.0001?

Give an expression for how long it would take to be 95% sure that the error is less than 1E - 4.

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Basic Computer Science: Give an expression for how long it would take to be 95 sure
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