Keyword: Stationarity : Search

Advanced Search

Results: 1 - 1of1

Follow results:

per page:

Context for search term 1Search term 1*

All Dates

LastSelect static range

Custom Range

Select starting monthSelect starting year

Select ending monthSelect ending year

chapterFree Access
Chapter 2: STATISTICAL LAWS AND CENTRAL LIMIT THEOREM APPLICATION: STOCK RETURN DISTRIBUTIONS
Financial Valuation and Econometrics12 Apr 2015
Preview Abstract
In this chapter, we shall build on the fundamental notions of probability distribution and statistics in the last chapter, and extend consideration to a sequence of random variables. In financial application, it is mostly the case that the sequence is indexed by time, hence a stochastic process. Interesting statistical laws or mathematical theories result when we look at the relationships within a stochastic process. We introduce an application of the Central Limit Theorem to the study of stock return distributions.