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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.
a child prepares a poster to save energy on a square sheet whose each side measures 50 cm . At each corner she draws a quadrant of radius 5 cm and the centre of a circle of diamete
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On your geometry test you have two triangles: ?ABC and ?MNO. You are told that ?A ? ? M and that ?B ? ? N. Which statement is also true?
what are these all about and could i have some examples of them please
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