Understanding Variable Overhead Spending Variance With Examples

Discover how to calculate variable overhead spending variance, its impact on costs, and examples of favorable vs. unfavorable ...
JSTOR Daily

The Discrete Mohr and Noll Inequality with Applications to Variance Bounds

In this paper, we provide Poincaré-type upper and lower variance bounds for a function g(X) of a discrete integer-valued random variable (r.v.) X, in terms of the (forward) differences of g up to some ...
Simon Fraser University

Variable Weights and Variance Explained

A principal component analysis of a correlation matrix treats all variables as equally important. A principal component analysis of a covariance matrix gives more weight to variables with larger ...
Risk

An efficient Monte Carlo method for discrete variance contracts

We develop an efficient Monte Carlo method for the valuation of financial contracts on discretely realized variance.We work with a general stochastic volatility model that makes realized variance ...
Simon Fraser University

Discrete Probability Distributions

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Covariance: a measure of the direction of the linear relationship between two variables. Discrete ...