This dynamic worksheet is intended to accompany AQR Section 37 to illustrate the difference between a Taxi distance and an Euclidean distance. It can also be used with Quick Question 37.1
Drag points A and B along the blue lattice grid. Observe how the Taxi Distance and the Euclidean Distance change.
Under what conditions is the Taxi Distance equal to the Euclidean Distance?
Under what conditions is the Taxi Distance less than the Euclidean Distance?
Under what conditions is the Taxi Distance greater than the Euclidean Distance?
