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Probability density function

The financial definition for Probability density function:

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




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.


Objective probability

Objective probability
The true unobservable underlying odds that something is so.


Probability

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


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