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June 5th, 2010, 02:07 AM   #1
Joined: Jun 2010

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Analytical Approximation with bivariate normal distribution

I have to approximate the value a financial asset (I study finany :/ ) by using an equation that contains a bivariate normal distribution. How do I do that? In the equation its like N(a,b,c). I have values for a,b,c but I just don't know what to do with it. I only know the normal distribution to give propabilities for specific hits.

I want to solve the problem using excel because the equation is quite long (about one A4 page). Do I have to produce samples or what do I have to do?
I really hope you can help me, because I have to hand in results within one week!


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analytical, approximation, bivariate, distribution, normal

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