General Definition of the Mean for Non-Additive Variables
mean value, average, aggregate interest rate
Abstract
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.
Downloads
How to Cite
References
Patrick Billingsley (1995) Probability and Measure.
(2013) Climate Change 2013 - The Physical Science Basis.
Paul Levy (1937) Georg Lukács' »Theorie des Romans«. 15-22.
Published
2015-05-04
Issue
Section
License
Copyright (c) 2015 Authors and Global Journals Private Limited

This work is licensed under a Creative Commons Attribution 4.0 International License.