re : joint probabilities bob -
thanks for your help on this - it is exactly what we were looking for . i
also wanted to let you know that i will be revising some of these numbers and
asking you to rerun the probability table . i hope that this is not a problem .
thanks again
bob lee @ enron
08 / 31 / 00 11 : 00 am
to : michael anderson / hou / azurix @ azurix
cc : zimin lu / hou / ect @ ect , vince j kaminski / hou / ect @ ect , stinson
gibner / hou / ect @ ect
subject : re : joint probabilities
the attached spreadsheet has been updated to include probabilities for
exceeding stated stock prices in each year .
these numbers represent the probability for all combinations of rab ratio and
exchange rate . for example , 2003 shows a stock value of 7 . 38 for a rab = 1 . 1
and fx = 1 . 5 . we previously showed the prob of exceeding a stock price of
7 . 38 , and rab > 1 . 1 , fx > 1 . 5 as 14 % . the probability of exceeding 7 . 38 for
all possible values of rab and fx is 35 % ( interpolating between 40 % and 27 %
in the price table ) .
bob
re : joint probabilities
bob -
thanks for your help on this - it is exactly what we were looking for . i
also wanted to let you know that i will be revising some of these numbers and
asking you to rerun the probability table . i hope that this is not a problem .
thanks again
bob lee @ enron
08 / 31 / 00 11 : 00 am
to : michael anderson / hou / azurix @ azurix
cc : zimin lu / hou / ect @ ect , vince j kaminski / hou / ect @ ect , stinson
gibner / hou / ect @ ect
subject : re : joint probabilities
the attached spreadsheet has been updated to include probabilities for
exceeding stated stock prices in each year .
these numbers represent the probability for all combinations of rab ratio and
exchange rate . for example , 2003 shows a stock value of 7 . 38 for a rab = 1 . 1
and fx = 1 . 5 . we previously showed the prob of exceeding a stock price of
7 . 38 , and rab > 1 . 1 , fx > 1 . 5 as 14 % . the probability of exceeding 7 . 38 for
all possible values of rab and fx is 35 % ( interpolating between 40 % and 27 %
in the price table ) .
bob