Exponential Variables are Memoryless | FRM Part 1 | Quantitative Analysis (Book 2) 

This video touches upon the memoryless property of exponentially distributed random variables. This topic comes from Chapter 3 of Book 2 on Quantitative Analysis (FRM Part 1). For detailed preparation resources for FRM exam, please browse over to the course page below:
FRM Part 1: www.finRGB.com...
FRM Part 2: www.finRGB.com...