CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

A discrete uniform distribution is defined over the range, X = 2 to 6. What is the cumulative probability that the observations 4, 5 and 6 will be observed?
A. 60%
B. 20%
C. 50%
Explanation: This distribution is defined over five discrete outcomes, each with a probability of 0.2 (= 1/5). Thus, the cumulative probability of observing 4, 5, and 6 would be 3 x 0.2 = 0.6, or 60%.

User Contributed Comments 2

User Comment
Chl4072 Why 5 outcomes..? Why 1/5..?
Chl4072 5 outcomes, each outcomes 1/5= 0.2
Got it!!!
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