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Probability Density Functions
Cumulative Distribution Functions
10
1.0
0.9
9
0.8
8
0.7
7
0.6
Å
f(Price)
F(Price)
Æ
wB = 0.9
0.5
0.4
wB = 0.75
Å
wB = 0.9
Çw = 0.75
B
6
5
Çw = 0.5
4
wB = 0.5
0.3
Çw = 0.1
B
3
wB = 0.25
Å
0.2
B
wB = 0.25
2
wB = 0.1
1
0.1
Ä
0.0
0.5
Ä
0.6
Ä
0.7
Ä
0.8
Price
Ä
0.9
Ä
0
0.5
1.0
0.6
0.7
0.8
0.9
1.0
Price
1.0
1.0
0.9
0.9
0.8
0.8
Price
Price
u,79a)V#YN8 H _˜kP=OM]È
„V#79:97KlYO79P+rX)Y «œBF#É € B¯H)É ­ B¯EF#e PJ#<
Ê˹Ì!Í E9)
H É"EI)FÉE F#É;EÎ)FÉ"E ¢Ï
0.7
0.7
0.6
0.6
Ð
0.5
0
Ñ
2
Ò
Ó
Ô
Õ
Ð
0.5
4
6
8
Time (millions)
5 MY sellers, w B=0.75
10
0
Ñ
2
Ö
Ò
Ó
4
6
Time (millions)
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