Hi there
will be very greatfull if anyone can help:
If X represent the daily yield of the S&P500(US Stock indices) and Y represent the daily yield of the DAX(German Stock Indice). Let assume that X and Y are Following a Normal Law and are independent.
X~N(M1,S1) M1 mean of X and S1 its standard deviation
Y~N(M2,S2) M2 mean of Y and S2 its standard deviation
Looking to calculate the probability:
P(X>Y and X>0)

thx very much , I was hoping that we can have an analytic solution to this problem.
Seems like simulating historically with a large number of occurrence could give me a good estimation.