Probability theory | Exotic probabilities

Exotic probability

Exotic probability is a branch of probability theory that deals with probabilities which are outside the normal range of [0, 1]. According to the author of various papers on exotic probability, , the valid possible alternatives for probability values are the real numbers, the complex numbers and the quaternions. Youssef also cites the work of Richard Feynman, P. A. M. Dirac, and as relevant to exotic probability theories. Of the application of such theories to quantum mechanics, Bill Jefferys has said: "Such approaches are also not necessary and in my opinion they confuse more than they illuminate." (Wikipedia).

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What Are Exotic Options?

In todays video we will learn all about Exotic Options. These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://t

From playlist Exotic Options & Structured Products

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From playlist iLecturesOnline: Probability & Stats 2: Random Variable & Probability Distribution

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Today, we derive the formula to find the expected value or the mean of a discrete random variable which follows the binomial probability distribution.

From playlist Probability

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How to compute the expectation of a binomial random variable.

From playlist Probability Theory

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How to compute the expectation of a binomial random variable.

From playlist Probability Theory

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Visit http://ilectureonline.com for more math and science lectures! In this video I will define and reviews terminologies associated with random variables. Next video in series: http://youtu.be/ebP7x2zviBI

From playlist iLecturesOnline: Probability & Stats 2: Random Variable & Probability Distribution

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Additional insight into calculating the mean [expected vale] of joint discrete random variables

From playlist Unit 6 Probability B: Random Variables & Binomial Probability & Counting Techniques

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Financial Derivatives - Class 10 - Exotics, Structured Products & Derivatives Mishaps

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Related pages

Quaternion | Signed measure | Complex number | Probability theory | Complex measure | Real number | Negative probability | Richard Feynman