
LOR14: Sigma-algebras and probability spaces
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About this listen
We will explore the properties of a sigma-algebra and explain why we want our event space to be one. Next, we will discuss probability spaces in a simple yet rigorous way, which will set the stage for understanding random variables and the mathematical treatment of risk measures.
Finally, we will discover why it can be inconvenient to swim naked.
Are you ready to wear a swimsuit?
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