Math, asked by eshalyngdoh, 10 months ago

what is the simplest meaning of Filtration as per Probability theory?

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Answered by NIKHILRAWAT64

In the theory of stochastic processes, a subdiscipline of probability theory, filtrations are totally ordered collections of subsets that are used to model the information that is available at a given point and therefore play an important role in the formalization of random processes.

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