If percentage changes in the value of a stock are iid with mean 0, then how should
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If percentage changes in the value of a stock are iid with mean 0, then how should we predict the change tomorrow if the change today was a 3% increase? How would the prediction change if the value today decreased by 2%?
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In either case we should predict 0 ...View the full answer
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Related Book For
Statistics For Business Decision Making And Analysis
ISBN: 9780134497167
3rd Edition
Authors: Robert A. Stine, Dean Foster
Question Posted:
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