我们在一个状态空间中联合估计预期通胀以及货币需求方程,避免了传统“两步法”的不足。
We estimate inflation expectation and money demand function jointly in a state space model. This overcomes the shortcomings of the traditional "two-step" method.
科学家们估计,吸烟使预期寿命平均缩短了大约两年时间。
Scientists estimate that smoking reduces life expectancy by around 2 years on average.
而对于新浪,分析师们根据最新报告发布前的估计,预期其销售收入不会出现增长。
At Sina, analysts expect no increase in sales, based on estimates tallied before the latest report.
The way you would go about it, if you're a portfolio manager, is you have to come up with estimates of the inputs to these formulas-- that means the expected returns, the standard deviations, and the covariances.
你所要做的,如果你是一个资产经理,你要做的事情就是,对公式里面的一些参数进行估计-,那些参数包括预期收益,标准差,和协方差。
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