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The receiving switch performs the same calculation and then compares the two remainders As long as they are the same, the switch knows that the bits arrived unaltered If they are different, the received frame is discarded and the transmitting switch is ordered to resend the frame, a process that is repeated until the frame is received correctly This process can result in transmission delay, because the Data Link Layer will not.



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In short, inferential statistics can help a trader evaluate the likelihood that a system is capturing a real inefficiency and will perform as profitably in the future as it has in the past In this book, we have presented the results of statistical analyses whenever doing so seemed useful and appropriate Among the kinds of inferential statistics that are most useful to traders are t-tests, correlational statistics, and such nonparametric statistics as the runs test T-rests are useful for determining the probability that the mean or sum of any series of independent values (derived from a sampling process) is greater or less than some other such mean, is a fixed number, or falls within a certain band.

Downloaded from Digital Engineering Library @ McGraw-Hill (www.digitalengineeringlibrary.com) Copyright 2004 The McGraw-Hill Companies. All rights reserved. Any use is subject to the Terms of Use as given at the website.

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The Microsoft.Scripting.Silverlight.dll scripting assembly contains a set of classes that enable developers to develop Silverlight applications using dynamic languages. One of the key classes is the DynamicApplication class, which inherits directly from System.Windows.Application. It represents the Silverlight-based dynamic application object by providing access to visual elements from the dynamic language code and also an entry point for dynamic language applications to host on Silverlight hosts. Table 14-1 shows the additional properties this class provides, extending Host, Resources, and RootVisual properties already provided by the Application class. Table 14-1. Key Properties of Microsoft.Scripting.Silverlight.DynamicApplication

For example, t-tests can reveal the probability that the total profits from a series of trades, each with its individual profitAoss figure, could be greater than some threshold as a result of chance or sampling These tests are also useful for evaluating sanpies of returns, eg, the daily or monthly returns of a portfolio over a period of years Finally, t-tests can help to set the boundaries of likely future performance 51.

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allow a bad frame to be carried through the network. Thus, the Data Link Layer converts errors into delay.

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(assuming no structural change in the market), making possible such statements as the probability that the average profit will be between x and y in the future is greater than 95%: Correlational stnristics help determine the degree of relationship between different variables When applied inferentially, they may also be used to assess whether any relationships found are statistically significant, and not merely due to chance Such statistics aid in setting confidence intervals or boundaries on the true (population) correlation, given the observed correlation for a specific sample ,Correlational statistics are essential when searching for predictive variables to include in a neural network or regression-based trading model Correlational statistics, as well as such nonparamenic statistics as the runs test, are useful in assessing serial dependence or serial correlation.

There are a number of techniques in common use that allow receiving devices to recover from bit errors. The simplest of these is frame discard, the technique used by frame relay and ATM networks. In frame discard environments, an errored frame is simply discarded period. No other form of recovery takes place within the network. Instead, the end devices (the originator and receiver) have the end-to-end responsibility to detect that a frame is missing and take whatever steps are necessary to generate a second copy. There are reasons for this strategy that will be discussed in the section on fast-packet services. A second common technique is called forward error correction (FEC). FEC is used when (1) there is no backward channel available over which to request the resend of an errored packet, or (2) the transit delay is so great that a resend would take longer than the application would allow, such as in a satellite hop over which an application is transmitting delaysensitive traffic. Instead, FEC systems transmit the application data with additional information that allows a receive device to not only determine that an error has occurred, but to fix it. No resend is required. The third and perhaps most common form of error detection and correction is called detect and retransmit. Detect and retransmit systems use the CRC field to detect errors when they occur. The errored frames are then discarded, and the previous switch is ordered to resend the errored frame. This implies a number of things: The frames must be numbered,

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