- CFA Exams
- CFA Level I Exam
- Study Session 3. Quantitative Methods (2)
- Reading 9. Common Probability Distributions
- Subject 1. Basic Definitions

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**CFA Practice Question**

Which of the following statements is incorrect?

A. A probability distribution always specifies the probabilities of the possible outcomes for a random variable.

B. Only lower-case letters can be used to denote random variables.

C. The outcomes of a continuous variable are infinite.

**Explanation:**We normally use capital letters to denote random variables.

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