The most common methods by which heat transfer occurs are Convection, Conduction, and Radiation. Most heat transfers consist of two or perhaps three of these methods, and it is extremely rare to find a natural heat transfer that consists of only one of these methods. Convection Vapors and liquids are referred to in the physical […]
Tag Archives: Brownian Motion
1 Introduction Currently, Discounted Cash Flow method is the most popular valuation instrument. However, questions still arise whether the discounter cash flow is the best tool which presents a more accurate valuation. Critics have argued that the DCF model neglected the management’s ability to adjust the business strategies according to the market situation. They claim […]
To accompany The Actuary’s Free Study Guide for Exam 3F / Exam MFE, I offer a list of general studying methods, techniques, and insights that have guided my own preparation for the financial economics half of the third actuarial exam. While my methods may not be suited to every type of actuarial student – and […]
From the beginning, when man began to use tools, the process of development began, and thereafter he began to look for new and better ways of improving the work. Man wanted to improve things and make life easier, so he improved what he did. A simple example of this is that knives are available today […]