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Meaning of submartingale | Babel Free

Noun CEFR C1

Definitions

A stochastic process for which the conditional expectation of future values given the sequence of all prior values is superior or equal to its current value.

Examples

“If a gambler repeatedly plays a game with positive expectation, his payoff over time is a submartingale.”

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

submass submaster submatch submatrix submaxilla submaxillary duct

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