TAILIEUCHUNG - Lecture Quantitative investment analysis: Chapter 4 – CFA Institute

Chapter 4 – Probability concepts. This chapter define a random variable, an outcome, an event, mutually exclusive events, and exhaustive events; explain the two defining properties of probability; distinguish among empirical, subjective, and a priori probabilities; state the probability of an event in terms of odds for or against the event;. | Probability concepts Introduction Fundamental Concepts A variable is random if its outcome is uncertain, where an outcome is an observable future value of the variable. An event is the specified set of possible outcomes of a random variable. Events are mutually exclusive when the possible future outcomes can only occur one at a time and exhaustive when the set of outcomes includes every possible value the variable could take in the future. Example: The future size of a dividend can be stated as a mutually exclusive and exhaustive event wherein dividends increase, decrease, or remain unchanged. When the occurrence of one event does not affect the probability of the occurrence of another event, we say the events are independent. Events that are not independent are dependent. 2 LOS: Define a random variable, an outcome, an event, mutually exclusive events, and exhaustive events. Pages 129–130 Randomness and dependence/independence are of particular importance because they appear .

• Quản trị kinh doanh
• Quantitative Investment Analysis
• Investment process
• Quantitative methods
• Cash flow
• Candom variable
• Probability concepts
• Time series analysis
• Trend analysis
• Multiple regression
• Regression analysis
• Mean variance analysis
• Efficient portfolios
• Interest rates
• Annuity due values
• Discounted cash flow applications
• Net present value
• Statistical concepts
• Market returns
• Probability distributions
• Random variable
• Simple random sampling
• Point estimate
• Hypothesis testing
• Test statistic
• Sample covariance
• Correlation coefficient
• Quantitative investment analysis workbook
• The time value of money
• Portfolio concepts
• Industrial park
• Investor satisfaction
• Foreign direct investment
• Exploratory factor analysis
• Quantitative model
• Trichothecene Groups
• Other Applications
• GC MS Analysis
• Secondary Metabolites
• Qualitative and Quantitative
• Determinations
• Collateral Constraints
• Debt Management
• Investment Incentives
• Programming Marketing
• Earnings Management
• Tax System