Abstract
Conditional expectation is a crucial tool in the study of stochastic processes. It is therefore important to develop the necessary intuition behind this notion, the definition of which may appear somewhat abstract at first. This chapter is designed to help the beginner by leading him or her step by step through several special cases, which become increasingly involved, culminating at the general definition of conditional expectation. Many varied examples and exercises are provided to aid the reader’s understanding.
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© 1999 Springer-Verlag London
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Brzeźniak, Z., Zastawniak, T. (1999). Conditional Expectation. In: Basic Stochastic Processes. Springer Undergraduate Mathematics Series. Springer, London. https://doi.org/10.1007/978-1-4471-0533-6_2
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DOI: https://doi.org/10.1007/978-1-4471-0533-6_2
Publisher Name: Springer, London
Print ISBN: 978-3-540-76175-4
Online ISBN: 978-1-4471-0533-6
eBook Packages: Springer Book Archive