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Kolmogorov

1 post

#brownian motion #kolmogorov #simulation #stochastic #wiener

Writing bad letters of recommendation: the story of Bachelier and Lévy

Take a coin and toss it a number \(N\) of times in a time interval of duration \(T\). Suppose that every time you get head you win \(a\) euros and that you lose the same amount of money when you get … ...

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