标题: If Anyone can Help on Quest. 12 Monte carlo on Asset Allocat [打印本页] 作者: RMontgomery 时间: 2013-5-4 14:45 标题: If Anyone can Help on Quest. 12 Monte carlo on Asset Allocat
Could not understand the explanation of above mentioned Quest.
My question is on Exhibit 8 box representing line probability 90%, 75%, 50%, 25% & 10%. so looking at the Monte Carlo Probability line $2067044 which is 90% prob line, objective can be achieved of $630000 at age 75 in 2012. why answer is ‘can not avhieve’.
If there is any one who understood………..作者: koba 时间: 2013-5-4 14:47
The answer given in the text is very clear. Time horizon is 2012 not the end, relevant line is the 10% percentile since you need to be 90% certain.