What is the importance of Bernoulli Process in the market?
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reagan
Apprentice
Joined: 22 Nov 2005
Posts: 4
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 Posted: 08/20/08 - 09:30 Post subject: |
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| Couple of days ago I have been reading an article in the newspapers. It was very interesting but there were some things that confused me. That is why I would be very grateful if you could help me. What is the importance of Bernoulli Process in the market? Do you know anything about this matter? |
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dwayne
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Joined: 10 Aug 2005
Posts: 2
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| Posted: 09/04/08 - 04:48 Post subject: |
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| Hi, to be honest I really do not see a connection between Bernoulli Process and the market. As far as I know this process has something to do with probability. I really do not know how it may be helpful in the market. Then again since I am not an expert I might be wrong. You should check it with a professional. |
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vaclav
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Joined: 29 Sep 2004
Posts: 3
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| Posted: 09/19/08 - 00:06 Post subject: |
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| I too do not know how this process might be important in the market. Basically it is related to coin flipping and statistics. So I honestly do not think it can be used for making a decision. I think that it is more connected with luck. You can try looking up about this on the internet. I am sure you will find plenty of information. |
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