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Author Question: A martingale has the property that (Read 11 times)

melina_rosy

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on: Jan 2, 2020
A martingale has the property that
◦ it is inherently unpredictable.
◦ the best prediction of its value tomorrow can be computed by looking at the past two periods.
◦ the best prediction of its value tomorrow is its value today.
◦ the best prediction of its value tomorrow can be computed by looking at its past behavior.
◦ the best prediction of its future growth rate is its current growth rate.
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
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Marked as best answer by melina_rosy on Jan 2, 2020

Brummell1998

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Reply #1 on: Jan 2, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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melina_rosy

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Reply 2 on: Jan 2, 2020
Excellent

Animal_Goddess

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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