Probability Density Function: Difference between revisions
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imported>Doug Williamson (Sources: mathworld, chegg.com and Wikipedia) |
imported>Doug Williamson (Remove surplus link.) |
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''Financial maths''. | |||
Probability Density Function (PDF) refers to the density of a continuous random variable. | Probability Density Function (PDF) refers to the density of a continuous random variable. | ||
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Revision as of 17:40, 10 July 2018
Financial maths.
Probability Density Function (PDF) refers to the density of a continuous random variable.
PDF is used to specify the probability of a random variable within a particular range as opposed to taking a single value.
Normal Distribution is an example of PDF.