Question

WHAT IS MATRIX??????​

Answer 1

Answer:

Matrix pricing is an estimation technique used to estimate the market price of securities that are not actively traded. ... The price of the bond is estimated by comparing it to corporate bonds with an active market, and that have similar maturities, coupon rates, and credit rating.

Matrix example, we have a 3 × 2 matrix, that's because the number of rows here is equal to 3 and the number of columns is equal to 2.

Answer 2

Answer:

a set of numbers arranged in rows and columns so as to form a rectangular array. The numbers are called the elements, or entries, of the matrix. Matrices have wide applications in engineering, physics, economics, and statistics as well as in various branches of mathematics