Deviation, Microeconomics

Deviation

- Difference between the expected and actual payoff

2006_deviation.png

-  Adjusting for the negative numbers

-  The standard deviation measures square root of average of squares of the deviations of the payoffs associated with every outcome from their expected value.

- The standard deviation can be given by:

776_deviation1.png

Posted Date: 10/10/2012 8:23:41 AM | Location : United States







Related Discussions:- Deviation, Assignment Help, Ask Question on Deviation, Get Answer, Expert's Help, Deviation Discussions

Write discussion on Deviation
Your posts are moderated
Related Questions
different types of production funtion and curve given by different economist

when does a buisness reach shutdown point

Foreign Direct Investment: It is an investment by a company (based in one country) in an actual operating business, including real physical capital assets (such asmachinery, buildi


#question.contrast the long run equilibrium position of monopolistic competition firm and oligopoly.


Explain about the deadweight loss and elasticities. Deadweight Loss and Elasticities: The common rule for economic policy is the other things equal; you need to select the p

Employer’s Estimates of Future Manpower Requirements One of the parameters of demand for employment in a firm or a factory or an establishment is the level of capital investme

1. Implicit and explicit revenues minus implicit and explicit costs equals: A. accounting profit. B. economic profit. C. zero profit. D. implicit profit. 2. A business owner mak

Q=10-2P,PRICE DECREASE FROM RS 3 TO 2