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Table 1 Coefficients and functions of the basis functions using Rodrigues’ formula

From: Complex derivatives valuation: applying the Least-Squares Monte Carlo Simulation Method with several polynomial basis

 

f n (x)

a n

ρ(x)

g (x)

Power

W n (x)

\( (2.n)!/n! \)

x 2.n

1

Legendre

P n (x)

(−1)n .2n.n!

1

1 – x 2

Laguerre

L n (x)

n!

e−x

x

Hermite A

H n (x)

(−1)n

\( {e}^{-{x}^2} \)

1