Solution

ID: past-exam-of-the-probability-statistics-and-options-i-course-of-the-university-of-oxford/2008/e/1/b/solution

A basis of a topology is a collection of open sets such that every open set is a union of members of . Equivalently, for every open and there is with .
A map is continuous exactly when is open in for every basic set of . Necessity follows from the definition of a continuous map. For sufficiency, express an arbitrary open set as a union of basic sets and use preservation of unions by inverse images.

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