Home           Contact us           FAQs           
 
   Journal Page   |   Aims & Scope   |   Author Guideline   |   Editorial Board   |   Search
    Abstract
2012 (Vol. 4, Issue: 02)
Article Information:

Application of Mathematical Expectation in Economical Field

Wen Jing-Hua, Zhang Mei and Yu Xi
Corresponding Author:  Wen Jing-Hua 

Key words:  Economic question, investment decision, mathematical expectation, sales profits, , ,
Vol. 4 , (02): 86-89
Submitted Accepted Published
2011 September, 23 2011 November, 04 2012 January, 15
Abstract:

In the economical field, mathematical expectation is one of the important digital characters of the random variables. Many decision variables in economy problem are random variables; it is difficult to define their concrete distribution. In this study, based on mathematical statistics method and finite difference theory, we resolve the economical decision questions using the mathematical expectation. Moreover, the application of mathematical expectation in economical question was analyzed by example from two aspects of investment decision and sales profits. The results in our analysis show that mathematical expectation plays a great application in production and sales profit.
Abstract PDF HTML
  Cite this Reference:
Wen Jing-Hua, Zhang Mei and Yu Xi, 2012. Application of Mathematical Expectation in Economical Field.  Research Journal of Applied Sciences, Engineering and Technology, 4(02): 86-89.
    Advertise with us
 
ISSN (Online):  2040-7467
ISSN (Print):   2040-7459
Submit Manuscript
   Current Information
   Sales & Services
   Contact Information
  Executive Managing Editor
  Email: admin@maxwellsci.com
  Publishing Editor
  Email: support@maxwellsci.com
  Account Manager
  Email: faisalm@maxwellsci.com
  Journal Editor
  Email: admin@maxwellsci.com
  Press Department
  Email: press@maxwellsci.com
Home  |  Contact us  |  About us  |  Privacy Policy
Copyright © 2009. MAXWELL Science Publication, a division of MAXWELLl Scientific Organization. All rights reserved