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



Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

(a) What  are the problems associated with R 2 and how can adjusted R 2 solve them? (b) If the regressors  in an equation are highly correlated, which measures can be used to


Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the commodi

Law of conservation of mass was proposed by Lavoisier & verified by Landolt. According to Law of conservation of mass law Matter is neither created nor destroyed in the course of c

Question 1: i) Elaborate on how CPI is used to calculate inflation and what are the limitations of such a measure? ii) Growth is always beneficial. Discuss iii) Explain

You should find two articles, of which one should report on changes that make farming more productive (more food per acre, hour or other unit of inputs), and another about changes