ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.6 : In a random walk, a stochastic process starts off with a score of A. This is a score for a chemical engineering test. At each discrete event, there is probability p chance you will increase your score by B and a (1 - p) chance you will decrease your score by C. The event happens T times. Let D = expected value of score. (a) Form an equation of D as a function of A, B, C, T and p. (b) Find the value of D if A = 60, B = 1, C = -1, T = 50, p = 0.5.
ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.6 : (a) D = A + T [ pB + (1 - p) C ]. (b) D = A + T [ pB + (1 - p) C ] = 60 + 50 [ 0.5 (1) + (1 - 0.5) (-1) ] = 60. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; firstname.lastname@example.org; http://kangchuentat.wordpress.com.
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Input the Roll Number, Name and marks of a small section of 5 students. Display the marks database of these students in the following format. The "Roll Number" and "Name" fields are left justified with 15 columns, and 25 columns, respectively. The "Marks" field is right justified with 5 columns. Assume the marks are in multiples of 0.5 and are from 0 to 100. Display some spaces between each field appropriately. Roll Number 11001 11050 11081 11225 Y2367 Name FIRST NAME LAST NAME FIRSTNAME2 LASTNAME2 I1. I2. FIRSTNAME3 FIRSTNAME4 M1. LASTNAME4 FIRSTNAME5 MID LASTNAME5 Marks 95 80 88 77.5 89.5 The input can be stored in a file, say, marksdata.txt, and the program can be executed by using ./a.out < marksdata.txt
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