Omnipotent Data - Chapter 448
Chapter 448
The University of Cambridge sent Augustine, the director of the Institute of Mathematical Sciences, to attend the event personally, which demonstrates the importance of Cambridge University to this exchange event.
As the last competition in the academic exchange activities, with so many bigwigs visiting the scene in person, the difficulty of the topic is definitely higher than usual.
It is still based on a school, with three people from each school forming a small team. The format of the competition is similar to a modeling contest, which is based on a practical problem and uses mathematical language to think and answer.
It’s just the specific content of the game, Cheng Nuo has not yet known.
When entering the arena, Cheng Nuo met the director of Ording.
The old man was still smiling, and when he saw Cheng Nuo, he beckoned, “I have heard about your performance these past few days. Your performance is very good. It really did not live up to my expectations of you.”
Cheng Nuo shrugged and smiled without speaking.
Ordin continued, “This is the last competition. Even if you don’t look down on them anymore, don’t take it lightly. In the end, the face of our school was raised in front of more than 50 mathematicians in both countries. That’s really capable!”
Cheng Nuo frowned slightly and asked, “Do you always know what the topic of the last game is?”
Alding nodded, “I know that I know, but I can’t disclose it to you in advance. You will know when the game is a while later.”
“I can only say that the topic of this competition is a bit difficult. 80% of your kid will be a bit tricky to handle.
“Originally, the topic in the plan for the last competition was not this. The difficulty was more than twice as easy as the current one. However, after hearing about your performance in the past few days, people from our two countries discussed and changed the topic. Become this. Boy, do you know why?”
Cheng Nuo looked at the old man’s slightly teasing gaze, pointed at himself, and smiled bitterly, “Don’t tell me it’s because of me.”
“You kid did it!” Alding scolded with a smile, “Your performance is too strong, and the guys who asked the question are worried that you can easily solve the problem and can’t bear the face, so after the discussion, the difficulty was raised by two levels. “
Cheng Nuo touched his nose with some guilty conscience, “But I think it makes no difference even if the two levels are increased?”
“Oh!” Regarding Cheng Nuo’s self-confidence, Alding just pointed at Cheng Nuo and sighed immediately, “I won’t say anything, don’t keep it when the time comes. Let everyone see the strength of our Cambridge University Mathematics Department. !”
After speaking, Cheng Nuo and Ording walked into the small auditorium together.
Cheng Nuo found his two teammates, Denton and Qiaoya, and sat in the back of the auditorium waiting for the start of the game.
Although there are many leaders coming tonight, there are no complicated and long speech sessions.
When Mr. Edward saw that the forty-five students had arrived, he greeted the leaders sitting in the first few rows, then turned on the multimedia and cast the questions on the screen.
Mr. Edward gave a light cough, “The content and requirements of the competition are clearly written on it. I only emphasize that you only have three hours. You must submit it after three hours, otherwise it will be treated as a waiver.”
After speaking, Mr. Edward walked off the stage.
Cheng Nuo and others reacted and looked at the screen to check the content of the game.
[With the establishment of free trade zones in various countries, futures has ushered in a new period of development. Futures-based transactions are playing an increasingly important role in international trade. Please analyze the trading behavior of the futures markets between countries, demonstrate the rationality of the risks in the futures market and its formation mechanism, explain the possibility of inflated prices in the futures markets existing in many large countries, and give a description of the futures trade The formation of abnormal “bubble prices” response strategies and methods of avoiding risks through buying and selling at different periods to achieve profit balance. 】
After reading the topic, many people were stunned at the same time.
Cheng Nuo also rubbed his chin, frowning slightly.
No wonder Director Alding said that this time the topic was very difficult, and it really is.
This question, in simple terms, is to let everyone use mathematical methods to discuss the formation of risks in the international futures market and the methods to avoid risks.
At first glance, this is just a simple mathematical modeling problem.
but it is not the truth.
First of all, the research object has been determined, and that is the international futures market.
But what are the characteristics of the international futures market: large and complex.
The world is composed of more than 200 countries and regions. Among them, there are large countries and small countries, and some are strong and weak. There are also some countries that are in war, and the credit risk is terribly high, and there are even more countries where the two sides are in a trade war, and the price risk is also too high.
There is also contract clause risk, plus exchange rate risk, all have to be taken into account.
There are so many things to consider, to the point that it is almost impossible to start.
Otherwise, those economists and mathematicians working in economics and finance would not have studied the futures market for many years and still remain at a level where they have little knowledge.
Sorrow, it’s really sad!
This is the thinking of most students at this time.
Although they have not participated in the previous exchange activities, according to what they have heard from the seniors, although the final round of questions will be difficult, it should not be so difficult.
Only three hours are left for them.
But ten minutes passed, but they still couldn’t catch the slightest clue.
Cambridge University.
Denton and Joa are also scratching their heads like everyone else.
In the first few rounds, Cambridge University was almost overwhelmed by the advantage, but the last round is also the most critical round. If they lose the chain, then the previous efforts will be wiped out.
Thinking of this, they couldn’t help but cast their gaze to Cheng Nuo on one side.
Seeing that Cheng Nuo was closing his eyes and thinking, both of them were very tacitly not disturbing.
It was this mysterious man who led the two of them all the way through thorns.
The strong trust cultivated in three days convinced Denton that Cheng Nuo would once again rescue them from crisis, just like the previous few times.
Cheng Nuo is indeed thinking.
The intricacies of the international futures market ~www.mtlnovel.com~ make it difficult to qualitatively translate it into mathematical language for research.
It affects the whole body. There is a very mysterious connection between the futures markets. It becomes even more difficult to find a solution to futures risks.
Unless, a balance can be found.
By the way, balance!
Cheng Nuo’s thoughts became alive in an instant.
He seems to have found the correct way to solve the problem.
So in the eyes of Denton and Joya, Cheng Nuo opened his eyes steeply, and the spirit of light flashed away.
Denton asked eagerly, “Did you think of a way?”
Cheng Nuo smiled and nodded, “I have found it.”
“What is it?” Qiaoya couldn’t help but asked.
Cheng Nuo smiled softly and slowly uttered three words, “Game Theory!”