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From Wikipedia, the free encyclopedia. In probability theory and statistics, a conditional variance is the variance of a random variable given the value(s) of one or more other variables. Particularly in econometrics, the conditional variance is also known as the elastic function or elastic function.
Conditional Variance: Similar to the conditional expectation, we can define the conditional variance of X, Var(X|Y=y), which is the variance of X in the conditional space where we know Y=y. If we let X|Y(y)=E[X|Y=y], then Var(X|Y=y)=E[(XX|Y(y))2|Y=y]=xix(xix|Y(y))2PX|Y(xi)=E[X2|Y=y]X|Y(y)2.
Conditional volatility is the volatility of a random variable given (i.e. conditioning on) some extra information. ... Unconditional volatility is the “general” volatility of a random variable when there is no extra information (no conditioning).
In probability theory, the conditional expectation, conditional expected value, or conditional mean of a random variable is its expected value the value it would take on average over an arbitrarily large number of occurrences given that a certain set of “conditions” is known to occur.
Definition. Suppose X and Y are discrete random variables. Then, the conditional mean of Y given X = x is defined as: And, the conditional mean of X given Y = y is defined as: The conditional variance of Y given X = x is: And, the conditional variance of X given Y = y is:
In probability theory, the conditional expectation, conditional expected value, or conditional mean of a random variable is its expected value the value it would take on average over an arbitrarily large number of occurrences given that a certain set of “conditions” is known to occur.
imposing, containing, subject to, or depending on a condition or conditions; not absolute; made or allowed on certain terms: conditional acceptance. Grammar. (of a sentence, clause, mood, or word) involving or expressing a condition, as the first clause in the sentence If it rains, he won't go.
Conditional sentences are sentences expressing factual implications, or hypothetical situations and their consequences. ... An example of such a sentence (in English) is the following: If it rains, the picnic will be cancelled.
Examples of conditional in a Sentence Adjective If she speaks, you must listen is a conditional sentence. The sentence contains the conditional clause if she speaks. Noun The clause if she speaks is a conditional. The conditional is often marked by the word if.
Conditionally Promoted is the status of a learner who did not meet expectations in at most two learning areas. The learner must pass remedial classes, for learning areas where he/she failed, in order to be promoted to the next grade level.
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