Essays about: "Weak Law of Large Numbers"

Found 2 essays containing the words Weak Law of Large Numbers.

  1. 1. He's on Fire? Strategic Decisions and Allocation Adjustments Under the Hot Hand Fallacy

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : William Möllestam; [2022]
    Keywords : Hot hand fallacy; law of small numbers; sequential decision making; selection bias; Business and Economics;

    Abstract : This paper empirically explores 10 years of play-by-play data from the seasons 2011-2021 from National Basketball Association with a comprehensive dataset with 2.7 million shots to test for a hot hand, (i.e., predictability in future outcomes) using three separate models. READ MORE

  3. 2. Modelling Implied Volatility of American-Asian Options : A Simple Multivariate Regression Approach

    University essay from Mälardalens högskola/Akademin för utbildning, kultur och kommunikation

    Author : David Radeschnig; [2015]
    Keywords : Implied Volatility; American-Asian Options; Quasi-Monte Carlo; Simulations; Weak Law of Large Numbers; K-Fold Cross Validation Test; Non-Parametic Kruskal-Wallis Test; Least Squares Approximation; Regression Tree; Pricing American Options;

    Abstract : This report focus upon implied volatility for American styled Asian options, and a least squares approximation method as a way of estimating its magnitude. Asian option prices are calculated/approximated based on Quasi-Monte Carlo simulations and least squares regression, where a known volatility is being used as input. READ MORE