Concept explainers
Carefully read through the list of terminology we’ve used in Unit 3. Consider circling the terms you aren’t familiar with and looking them up. Then test your understanding by using the list to fill in the appropriate blank in each sentence.
building up
conditional equation
direct variation
equation
equivalent
equivalent equations
exchange rate
generalizing
inequality
line of best fit
linear equation
literal equation
proportion
rate of change
slope
solution
solution to a system
solving a system
system of equations
terms
x intercept
y intercept
A _______________ of two equations is a pair of numbers, one for each variable, that make both equations true when substituted in.
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PATHWAYS TO MATH LITERACY(LL)W/ ALEKS
- 3 (Sharpe-ratio) Suppose that X1, X2,..., is a lognormal geometric random walk with parameters (μ, o²). Specifically, suppose that X = Xo exp(rı + ...Tk), where Xo is a fixed constant and r1, T2, ... are IID N(μ, o²). Find the Sharpe-ratios of rk and log(Xk) — log(Xo) respectively, assuming the risk free return is 0.arrow_forwardi need help with question 2arrow_forwardNumerical anarrow_forward
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- The mean, variance, skewness and kurtosis of a dataset are given as - Mean = 15, Variance = 20, SKewness = 1.5 and Kurtosis = 3.5 calculate the first four raw moments. (Note- Please include as much detailed solution/steps in the solution to understand, Thank you!)arrow_forwardNumerical anaarrow_forwardDon't use chatgpt answer will upvote Already got wrong chatgpt answer .arrow_forward
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