Probability distributions are characterized as either discrete or continuous, and as working as either a probability density function, or a cumulative distribution. Discrete vs. Continuous ...

Continuous Probability Distributions Definitions. Continuous Variable: can take on any value between two specified values.Obtained by measuring. Discrete Variable: not continuous variable (cannot take ...

At the end of nine months, you see that the probability of the stock price rising to $17.28 is zero, while the probability of it dropping to $7.68 is 4.32; the probability of it reaching $5.12 is ...