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  • Proof in NR

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    Download as DOC, PDF, TXT or read online from Scribd
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    10 views1 page

    Proof in NR

    Uploaded by

    api-3696796

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Proof of E [ y r ] = Yr :

    E [ y r ] = E1E2[ y r ]

    [ ∑r ]
    y ri
    = E1E2
    y ri
    = E1 E2 [ ]
    r
    y ri
    = E1 [ ]
    r
    = E1 [ Yr ]
    = Yr

    Proof of B ( y r ) = M (Y r − Y m ) :

    B ( yr ) = E [ yr ] - Y
    = Yr - Y
    = Yr - ( RYr + M Y m )
    = (1- R ) Yr - M Y m
    = M Yr - M Y m
    = M (Y r − Y m )

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