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Objective probability

The financial definition for Objective probability:

The true unobservable underlying odds that something is so.




Similar Matches

Cumulative probability distribution

Cumulative probability distribution
A function that shows the probability that the random variable will attain a value less than or equal to each value that the random variable can take on.


Probability

Probability
The relative likelihood of a particular outcome among all possible outcomes.


Probability density function

Probability density function
The function that describes the change of certain realizations for a continuous random variable.


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Probability distribution
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