You are on page 1of 12

X -rl Xl 'X3 :x ~

'1
Cffccur ll'I, lYIz .1)'13 ((I" 1fI.> /1 ~ t

- LJC-'

(Y\. _. i.

I:: -1

x ,:x_. ~IVI "

~-W' I M-'l) - :x. 'x

2. _) NIt,,) Mt 00

L>rme..

.

'6\

Ec aA ~ ~ 1- €A S-U.·o.A'·h t._ I Q~-Gl-1 I

V'M ('. e - 'L

_ L .. ·.· 1_", M'I .x, -X)

c5::= _-'------

l. r;'= /l /\11 I

Pti:>= Q1

P ~O -= 1)5 z: Qt= f'r(le_JiOM

P't-S= Q~

P roo -- 'DIO:: Q4

CO VAR.;AN(£ (c_<YV\.eeJ:C1\A ')

[ CO'4 (X;y) __ I [eX - I[Xl)(Y- HIj)J

..

p. _ nl _ n; dl.----N z.n,

gco BLU (_ t:
~ t.j3 9 52.
:f LIY Lj Lt$
t s:r- \3 i oo 'r/f '1 ~() I )C ~/f (y) il (\110 ,M".

:)(~O IYlOl /Yloa MZ' 1: (11.1 Nl, 0 ty\

._
~ § 9 J
0
~ vo
ct)
II ~
- ¥:::- ()1IIIhOO '-lYliOf'rlOI {!VI,,! . ,N10 ~ !VI'O 0 I\II./f

IN1l:ReT~ "bl MP (.k..~ .

C ~

r::. IOO)Ct:)(~

, /h

M -"':> O1Yl((l e.c.. ::: .~

_ Ni

",,"'0.0 ::- 11

,~

C>U /::loo

'-tn M!yTl= S'L

~"'< PIIS ,i{ifll£

G ~ C.,.('J:l lCl

"._

Ii o i.:)O_£ IR.A (::)(, - Cl'FF

I U:)(_:: U..,+U1_+Ub + ... + u,1\A I O<U("'1

CMj <:.AQR~

r HO"~OL:: E~ I

o« o, ~ ~~ cb~eA-v& ~ oL> (h ~I'L ~ E.~"-=- ~~ tkc~;i-'t..v.> ol-.J ~ c1~ ~

1-10 +-> ~ l poite/,;)e_ tv- v.._~

z; pOD ~ -:f=

lr:-H-;--:-~--o-~ i._f-:[-- ..

H't:'4t~ Jt-wJ;.._ ,J el';'~ w-<.Oc1.WeAeut~ Jo.,u/.) ~ f~~ ~VAWJ ~ bctlt> F ~~1 a.u)( OJJ._-1-;,_V-) .

(Q-ELl Ei_

~'1._ I

~A

--

A

e. PRIX X Hix ~ Uv.\,IQ\AC
e. Re.rc."lu X Re\~Mu. y Cov.o
e. f'RcOuc:tlCv :x p~ y \fobw. p
AJ_)(
e. (N(FGO'xsJf X PL~. '-I ~~,,€
0 I A ~:x- -~·l

/.j - l-t1 '""

(e_ >0) ,1l..:,,0l.;U ,h.~Q,_"

(e.<O) ~~ <bMAfGw...e.,__+~·

CR;~C<W LflPcAC( "Ax; (lAx' \lAx; 111N

UWLf\C£ -~ ')e_ [A] ; ~ [fSj J:i. [c)

f1~J(If1{\'')( -?rma.-xD(), /'nIfui[e:] . f'nIlCD( [c 1 (1.1\X'1 Ml N -"'? """ ' .. (A"r 'CD ~ , (c'l

p"I,V'- 'j I ('M\,,- 'J,f ,MAI"- ~

I r-

·e <--'1

e>o

~,-> ~QM 2_ Pr -:> ~~eAA ~

(~) {)) ~~e.W_) ~bb*ucb~

(e_ <0') ~ew~ C_~fee.w.~+~eo

fh-1'DCC

I C=- GxVXD I

£ "/Ht f "&.4-~ ,

. £NC>o~i<:.~.

'Q =: Vv-..m icTAu.~ D-r ~ ~:: .Nelce ':Y\r~",.m

\C ;;; CQ;J _ ?£ ClWiSYI...-a::: .. AwNUQ..(£

P= fRi'JI. tt. VENTC rtc>10--f f'lla:x..iT 0: ~1(il)Aq-]O'J IN\·nAL£

[~QPGN~ ,CTAlC. t:C F\!O<"i=1CN r1p :: e p'l.i-)(.

'1,= R .. :vOw d.O-lL."'-I PAR. ·.e·1E _ Ii\'; ::- e.. ~..>

t' :: iN Of"" OC Lf'I R:Illo:::£ OI.)OliQ:; (s.etANC Inc;:;) r\ LJ

~ '1- '=' Lc ~(_u{;'lA.I.L.

r10>~ 1)(: RLPCNS£ ~ "JCN'T£.~ Au f'~I')(

j Q,-" o.p._6PJl J I

1"'\, ::. \J~llV @RoD .... r.,. ~

~I,. .

Pi.. ~ {,p,o'.!l 'bv !?R.Of.:)u'i" i..

Pj;:- PRilli>v ?n.oou;,... j

~'liw<EM i:, eJ

'j),_~~A \AM~ f ow,,; tt: "'"' ~ = > _co. ... ~ W; elM """'" b r{w,)

{\:ll /1 ~ \ ~ f'II 0 ~ ~(WI)' /I

_f p( w;) =- f(UL1}+ p(wt) -+ P(W3)t .. , + f(Wj\)'= /I

r'::J

.

~-( fb;-rl-icSL '0' ffid PRcA3fl e.. U:nf

I V~ A {,,4,I't/. P (wJ~ ~ I

S, Atfi '111 &oO\ENT

[P(WJ= (~~ Wi]

(~)=~j(~)~) (p)= (ll~f); (;;)= (r--:) + ( M i~)

\

'\

A J f3 Jm_Y~c41 erw eM 45 : ~ f\ J ~ cho,\~Js :

A e_-\- 6 2_ ~~'I/(w.. + ;,..._.~ ;

P (Au B):::: P (f\ ') +- 'P (~)- P ( A n ~ ) ? (' A u~)::: r Cq) + p{ '6")

f (A ('I ~ )::: P LA ) x p (~)-

~ n A'

f - ~ Lx< peA ~ ~ <.L cl~ c, c"-~ .

x-> ..Ju,UJu~ kJ~~ .

X:fl'~1R

x(n) ~ ["oP-')/"'}

() I ~J I i ~ ~c~hJt: f_'; k ftceMtMAe.... t [')( = ~-i.)

!J A cIA. ~ \I'd e:,u.A Xi en T c1l..u.~. e

x x )(2. . , - XM
1
f 1:)/1 Pt ... ~ , - pI"> /l [ f~ ".p (X:c0t_;,) I

~ 0..; C,7( r-~ 't1J !1J.;"LC- f~ = P (X =-k;) e_t '-L?-t '= "1

,-i:..-1

0- {fF t"P ~r rPL

- - I i ( J

)( 0 r1 2-
II /1 "
P ._ ._ - /\
4 '2- Lj . -.' /: . ) 11 /I _II

P (X :: -t) ~ p "- FP U· PF ~ - + - - -

- f - y 4 - l

X "1 2 '3 t, S
'J °rL Ojt.,
I CJ/I C ,"1 Oil /I
I tl b

- _--

-_-

'In c n \ <

-- ~ - Cl1'ClL~ (to::' be .

"b d .

C.-,

,IIA

a. :. a)( Qy<". 'X'CL_

~r---___'"

~ ~ O-C& ,tU.A s ,

'0 .. , (2), 1

\..---..,---...J

,M 'L Vl co

IV' [,VIC/)

QY!1-1 ,& ~ 10 i- z: i-b 800 DC'JIG . 6/ ~ox 10-') - 0 000 Ob'e"

- I

CCtPW~ ok ?~f)CIJA WJ " G"" x (). f c:o.;4f I

D\st~bll-hv11L ~Mt

k i: +~)_:: k a +-k ~ _

l..__..._..,-----; ..________,

r~+ boVVt (YVlC .. , ~ lv.JL -

~.u-~ ~_;+A~bll~± :

~Ve.~eA,\A. c,,,,+

[Uo3-6,> 0: kll tklo .1

fa_J ClU:~~t 01.-,.

[k-c.+lc ~::_ Ie (<<1-h )1

I (d b ) (c. + j):: a. c 1- ,,-01 -t k 1- 10, J _ I

G01o-u:SJ.'CM. ~ UeUAJ{CM t.1t«c1. e: ~ ~-I..MA (,\/1,1\.

FJ,,; --.)(:)02) -.) (~-I2-) c. (:::1'+312_ (~+ 3)'(2,<.-'1)

f z (~+ ;'1') (~e -I 2- J ~ S (x + ~) C.: (~e.+~ ) C )e..-\ _)')- (~-+ 3) (21)c - ~) ,

L (:l' i ~) [r:,,) - s ] G:, (~ + 3! [( :r+ :) ) - fk- <, )]

f.: (~ .1 ~ ') ( ")e + /1 .- S ') G.:: ()( ~ 3) (~{-f 3. - 2_x_t '1) ,

r C~+2..)(x- ~) G:_ ('X-I 3) l-x+ ~).

-r;;\!,JJ~ i\<,wW-'fJ.,t, ; Jtoc~f"M'-d , ( Q + bfL:: c: ~ + lc.~ -+ b ~

Cc. - ~ ') t __ c. q_ .; 2Jo ~ b tt [c.+~)(~-bi z: "'- ?:.-b <1.

L-----'

L rc~ ~!W' L~.l~-

e.i~ r1: (~ t ~ ) L

- rl:: ~2 + 1· X . ~ + 31- vl: :1e_ 2._ +-G~ + l .

T := ()Q! - S~ ') 'L

\9... I - .. )t.

.1 z: (}~-)- l.. . 3 X" S'"' + ( $~

CL_" '"L

I :. 9 ~ - 313:>t I + 2.$ ')

} := (~~ -t:} ) (~2 - ,:} )"

):: t~2) t _ .1 'L

).:: 16~ 2. _ ~ l ,

[X~rl ~c..JO\{~O\.'Cl-Lb '. k ~ '?t t·t ex --t ~

k- ~"l+ L'){ ,'s +31

.. .) I}_

K: ()l.f~ .

. 1Ji: t 3 I. t)( 1.

L :: (x - 0 X1 l-.) 1 .

L.: (3~ ) ~ ~ L x 32.. X S 1 -\- (~~ ) 'L:; (3,,- 5, ) 't

~;- 1')( 'l ~ ~ ~

rl (' .t. 'it.

= 1X) - 1

rl:: (~:t +1 )( ~:)t~ i) .

0.6+ o.c z: a.(b+c). db - o.c ~ 0. C b - c:) .

s,{CL+b) + '1 (Cl+b"):::· CS+) ) (~+6) (Ct+b) 't.,~ Ct t-\- 2c6i la i _

ra = k o..l1lO k?.:: o, r; ~ 0 ~i- (Jet P'_:- Q

b40/ .~ Ct ::Ja Iv vb.

&-= ~:-~t

(2-1) (:x-+-1):: 0

(~e. - D :: 0 ou. (?e "1 <t.. ') -:: 0

x..- 1+ 1.::0+-1 ;t_:::./)

11 ~ Qxb=-o

Jo,v:> o, -=- 0 CfJ._ ~ = 0

oe. t;: Q.

I....,~-, -o.---;(-a-} )-?-e_::::-'l.. _-~ -o..-/'A-' ---:~:--J-."""1J:--' f"'-')-ch;--J"'"T""gl"'""",I1'--.---.-,

~ 0..:':: 0) ?C 1. z: o. o..J,...J (,lME'. ~k~~ \.J.M: lJ.>]. G.

C;; Cl '> 0 ) ::;Q ~ =- Q c,_d,tw..e..i ck..f ':>L~'u:J - 0d' e_,+-fci

{- ~ "'"I = '1 .

2x.-'r= -~.

-::c. i ~ -::: '1 ~4 ~/ e.Cil;A!L • I ~ 'X-+ '1 ,

~cAt_ (d) > J('X-):: ~ + '1 .

2](. - '1 = ,- ~ '~+ ~ '~c/,-[.{R_ 1= 2;e + '3 . duxlL Coli) =) ~ (')~) '~ lx.. -t 2> _

~ o ~:5>Tl 'Th'Ti o-J .

X =- 2..1 + 3, . ~dC.-t 5 '1 ::- 12. .

~(L1f3)+Sl::: I~ -

~1+IL+-S1 :::rL- 1'~/+ll::IL.

(~l :: 0

1 =- 0 .

'de = 2_ ,+ '?:> . ~ ::: £)(:0 -+ '3 ~::. 3-

SCU.)'I\ O'-J ~ 'b'"'f~n £,

.=- CauR£ ()E C~~~

(- 2_ ,,-1)

J

5·x- 2i::--!L, , 12 + 't '1 z 1 ~

~'tl~'rrt eN . 10')(.-''1=-1&, \C?<. ._ L,'l'= -~B

.... 2?e. +.~ l = 2- ~.

I 2 ~ +-- 0., ::: - 2: '1

I 2.9<' -e, - 2,

.~ = r 2. _

5x:-t-L'1::: -2~. - 10 - 1.. 1 ;;. - C ~ ,

-21:::-1~

1 -=- +

1)i"\~lO\l GJCG!-(2)I'CNNL .

o, ~ b :;: J.w_>( ~~; U/:)~c11 ~~ :

6*0

0.. I b J- c ~+o .. .d·{;.)

/I: \( (Jc.Jt_ b.:= b 2. - t, o.c. .

2: ~t.l~ ck tJl~ f.t_ ~ & ~ (tV) J( eA.Lo<..l~ &('fv;, .:

a. h. (0 ," roo ck. ~~~CA....

/;..,.;; a ," \.AM t :)O~l.J: (M lA.M ~~

) )C

~~ tULQ (' c{,>plLl AcU~iV\ I +J r fPUA -tcUt eM -teA MJ U-I e_ P M ~

lu It> + ... '" U '" + ,. J ?r0g-'~ '0\ ""'. OJ'rlt:,.. ._\""",-

<;,; u'1 1/<1 e._ 1" ""'" ;.... + ... """.. J.,.. CL-\\' ....;.+ e; I j"", P 'UP""';"" J... U'" I'M ~ ... J; "" J._ f'/\ ""t :

[U.m::-U1-+ (.m-II)"'" J

Lo.. i_ S -:: uA+ v" + u ... -+"' ,I U.-. I . .1.,." i'l J I .4- \1li +. i

" E- ,;> "( C~ f'&,JW.t;!:> CcM.~o.J.JIl:\ o».« '!Ju.tLt.. OA'·Tk,u.ttJl~ iVJ\ "

CCvO Cl.A -\,) cu ~eA

, ,,(n+-1)

/\ + 2.f ~"t .,+n = ---

z

[ Ul1t 1 = q x Un I

I Uh = U A Y '1n -1 \

S ~ U" X [ .. /1 _~f' J /I-'i

E - 11-+-,.,_-+--t-t'i+=1"\--+-t--t---r1"~~ re;~-j~~ ~~ p~ I ~-~.- .t r%l-t-~r~=_-+-.-+-~-+-+++--H-t--+-+-t-t-rlll

U SThti 1 w

You might also like