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This short note aims to offer the conceptual approach to the definition of the mean value, with reection to the prewious very interesting attempts with the same goal. The definition is at once simple and powerfull and its advantage are demonstrated with aplications in financial mathematics. The definition of the man value involves the term objective function, which characterize the nature of object, which is taken to average.
Vaclav Studeny. 2015. \u201cGeneral Definition of the Mean for Non-Additive Variables\u201d. Global Journal of Science Frontier Research - F: Mathematics & Decision GJSFR-F Volume 15 (GJSFR Volume 15 Issue F3): .
Crossref Journal DOI 10.17406/GJSFR
Print ISSN 0975-5896
e-ISSN 2249-4626
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Total Score: 121
Country: Czech Republic
Subject: Global Journal of Science Frontier Research - F: Mathematics & Decision
Authors: Vaclav Studeny (PhD/Dr. count: 0)
View Count (all-time): 169
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Publish Date: 2015 05, Mon
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This short note aims to offer the conceptual approach to the definition of the mean value, with reection to the prewious very interesting attempts with the same goal. The definition is at once simple and powerfull and its advantage are demonstrated with aplications in financial mathematics. The definition of the man value involves the term objective function, which characterize the nature of object, which is taken to average.
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