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by lurchink
February 18th, 2009, 2:48 pm
Forum: The Quantitative Finance FAQs Project
Topic: What is Taylor series?
Replies: 10
Views: 232825

What is Taylor series?

<t>If I miss something in the questions raised about dW and dt, please enlighten me.But according to the part 3 of the definition of Brownian motion:W_(s+t)-W_s is normal N(0, t), and is independent of filtration up to sThis means dW is normal N(0, dt). Right?As for defining dW (or dt for that matte...