Black-Scholes | Python | C# | Databases | Monte Carlo |
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What are European options
The payoff type priced by the Black-Scholes model.
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What is an inline function in Python
A lambda or anonymous function
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What is Console
A static class used to print to the screen.
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What is relational
The SQL style of database
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What is standard error
A measure of simulation inaccuracy
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What is implied volatility
The input to the Black-Scholes model represented by the Greek letter sigma.
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What is a Jupyter notebook
A web-based "notebook" containing Python code
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What is inheritance
Characterized by an "is a" relationship.
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What is CRUD
The popular acronym describing the four operations of a database.
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What is antithetic
A simple method to reduce standard error by introducing anti correlated random numbers
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What is Black-76
The model name given to the version of Black-Scholes intended for commodities.
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What is scipy.stats
A Python library containing reference to Gauss CDF and PDF functions.
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What is an interface
A "contract" implemented by a class
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What are the normal forms
A set of best practices for database design
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What is Brownian motion
A stochastic process not bound by zero
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What is geometric Brownian motion
A stochastic process used in an underlying assumption of Black-Scholes.
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What is Pandas
A Python interpretation of Excel
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What is polymorphism
Contextually-appropriate interpretation of type.
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What is a foreign key
A relationship between one table and unique data in another table
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What is Box Mueller
A closed form transform turning uniformly distributed random numbers into Gaussian random numbers
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What is a volatility skew
Empirical evidence suggesting that the market does not believe in normal returns.
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What is recursion
A technique whereby a function makes reference to itself.
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What is Int16
A 16-bit integer type
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What is atomic
Both a destructive weapon and a principle of the first normal form
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What is a low discrepancy sequence
A method used to cover some space with optimally distributed numbers
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