CFA Practice Question

There are 434 practice questions for this study session.

CFA Practice Question

That which specifies the probability that the random variable takes on a specific value is known as the ______.
A. probability function
B. probability density function
C. cumulative distribution function
Explanation: The probability function specifies the probability that the random variable takes on a specific value.

User Contributed Comments 3

User Comment
goalrush What is the difference between pdf and pf ?
sonicskat Only thing I can think of is that a pdf is for a continuous rv? I know thats not necessarily true.

Looks like this would have even fooled the folks over at Wolfram: http://mathworld.wolfram.com/ProbabilityFunction.html
edrei7 Probability density functions deal with continuous RVs. Probability mass functions deal with discrete RVs.
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