YR PR (32) Calculating the AVQR for discrete probabilities. Let paymenty y2 33 probability P1 P2 P3 be the distribution

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YR PR (32) Calculating the AVQR for discrete probabilities. Let paymenty y2 33 probability P1 P2 P3 be the distribution

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Yr Pr 32 Calculating The Avqr For Discrete Probabilities Let Paymenty Y2 33 Probability P1 P2 P3 Be The Distribution 1
Yr Pr 32 Calculating The Avqr For Discrete Probabilities Let Paymenty Y2 33 Probability P1 P2 P3 Be The Distribution 1 (15.43 KiB) Viewed 56 times
YR PR (32) Calculating the AVQR for discrete probabilities. Let paymenty y2 33 probability P1 P2 P3 be the distribution of a profit random variable Y. Then AVOR.(Y) is the optimal value of the problem maximize {r - E(Y – x)"): 1 € R}. Here (al- = - min(a,0). Formulate the calculation of AV@R (Y) as a standard linear program
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