Quantitative Finance, Finance, Economics, Mathematics.
distributed, \( W(t_2) — W(t_1) \sim N(0, t_2 — t_1) \), where \( N(0, t_2 — t_1) \) denotes a normal distribution with mean 0 and variance \( t_2 — t_1 \). 3. **Continuous Paths**: The paths of \( W(t) \) are continuous almost surely, which means there are no jumps in the trajectory the process