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One of the well-known class of models that involve a simple difference equation are models of mean reversion. These models typically take the form
yt+1 - yt = -a(yt - μ)where 0 < a< 1
In the equation above μ is the mean of yt.
a) Provide the intuitive explanation for the above equation.
b) Show homogenous, particular and then general solution for the difference equation.
c) Setting t=0 show the solution to the mean-reversion model.
d) Analyze the dynamic path of this model.
Polynomials In this section we will discuss about polynomials. We will begin with polynomials in one variable. Polynomials in one variable Polynomials in one variable
Formulas of Surface Area - Applications of integrals S = ∫ 2Πyds rotation about x-axis S = ∫ 2Πxds rotation about y-axis Where, ds = √ 1 + (1+ (dy /
The bowling alley suggests selecting a ball that is 1/7 of the bowlers weight. If the bowler weighs 84 pounds, how much should the bowling ball weigh?
r=asin3x
Marci filled her car's gas tank on Monday, and the odometer read 32,461.3 miles. On Friday while the car's odometer read 32,659.7 miles and she filled the car's tank again. It will
The first particular case of first order differential equations which we will seem is the linear first order differential equation. In this section, unlike many of the first order
what is classification and how can you teach it?
The calculation of two complementary angles are in the ratio of 7:8. Determine the measure of the smallest angle. a. 84° b. 42° c. 48° d. 96° b. Two angles are compl
128sinpower8=cos8-8cos6+28cos4-56cos2+35
what letters to fill in the boxes
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