- by JohnKilpatrick, Prospector
- 4/15/2015 3:22:45 PM
Financial and stats analysis. For example, the forumula for the normal cumulative probability distribution contains pi. That means, that it's integral to the Black and Scholes options pricing model, for example. THAT means it's imbedded in a whole host of valuation formula (the Bloomberg model for pricing credit default swaps, for example.)
- by T Sweeney, Blogger
- 3/17/2015 4:59:08 PM
Okay, Robert... I'm afraid the light bulbs you mention aren't going off (or even flickering) for me. But as an analytics and statistical ignoramus, I'll bite: What are some of the common requirements for which programmers would need pi?