Gaussian Quadrature Is

question 14

Multiple Choice

Gaussian quadrature is

• A) A quadratic spline approximation to a normal distribution
• B) A way to approximate an integral of a function of a normally distribute variable as a sum of terms
• C) A procedure for speeding up Monte Carlo simulation when credit derivatives are valued
• D) An alternative to a look up table to determining values of the cumulative normal distribution

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Definitions:

Need Levels

Hierarchical stages of needs proposed by psychologists, indicating that certain basic needs must be met before individuals can focus on higher-order psychological requirements.

Career Stage

The phase or position in an individual's professional development and work life, often categorized by levels of experience, responsibility, or achievement.

Organization Size

A measure of the scale of an organization, typically based on the number of employees, the extent of its operations, or its market reach.

Geographical Location

The specific physical place where something is situated, often described in terms of latitude, longitude, and other geographical markers.