Which of the Following Is NOT a Property of a Wiener

question 15

Multiple Choice

Which of the following is NOT a property of a Wiener process?

• A)The change during a short period of time dt has a variance dt
• B)The changes in two different short periods of time are independent
• C)The mean change in any time period is zero
• D)The standard deviation over two consecutive time periods is the sum of the standard deviations over each of the periods

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Definitions:

360-Day Year

An accounting convention that simplifies interest calculation by assuming all months have 30 days.

Maturity Date

The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.

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Leap Years

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