Solve the question, using the following data. The following values have been calculated using the T DIST and T INV functions in Excel. These values come from a t- distribution with 15 degrees of freedom. These values represent the probability to the righ ...
] is the expectation operator, and fX,t=dFX,t/dX is the conditional probability density function (pdf) of Xt. Note that throughout this paper, F and f are used to denote cumulative distribution functions and probability density functions, respectively. These are accompanied with subscripts to ...