Why does an Asian option benefit from a larger number of draws in a Monte Carlo simulation?
What will be an ideal response?
Since an Asian option uses the average price and not the actual price, the larger sample size reduces the variance of individual outcomes.
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Publication in the context of any kind of defamation action means communication to a third party
Indicate whether the statement is true or false
Management at a home improvement store randomly selected 100 customers and observed their shopping habits. They recorded the number of items each of the customers purchased as well as the total time the customers spent in the store. Identify the types of variables recorded by the managers of the home improvement store
A) number of items - continuous; total time - continuous B) number of items - continuous; total time - discrete C) number of items - discrete; total time - discrete D) number of items - discrete; total time - continuous