- CFA Exams
- CFA Level I Exam
- Study Session 2. Quantitative Methods (1)
- Reading 7. Statistical Concepts and Market Returns
- Subject 3. Frequency Distributions

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**CFA Practice Question**

A random variable with a finite number of equally likely outcomes is best described by a ______.

A. discrete uniform distribution

B. binomial distribution

C. continuous uniform distribution

**Explanation:**A random variable has a discrete uniform distribution when there is a finite number of equally likely specified outcomes.

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**User Contributed Comments**
1

User |
Comment |
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lcrev |
discrete = finite |