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