- CFA Exams
- CFA Level I Exam
- Study Session 2. Quantitative Methods (1)
- Reading 7. Statistical Concepts and Market Returns
- Subject 3. Frequency Distributions
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.
User Contributed Comments 1
| User | Comment |
|---|---|
| lcrev | discrete = finite |